{"id":34972,"date":"2025-08-07T08:30:41","date_gmt":"2025-08-07T08:30:41","guid":{"rendered":"https:\/\/financialrush.com\/?p=34972"},"modified":"2025-08-07T08:30:41","modified_gmt":"2025-08-07T08:30:41","slug":"5-things-to-watch-in-xrp-after-70-july-surge","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=34972","title":{"rendered":"5 Things to Watch in XRP After 70% July Surge"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>TL;DR<\/p>\n<ul>\n<li>Analyst Crypto King says XRP could reach $7, more than doubling from current price levels.<\/li>\n<li>Over 700 million XRP tokens exited Binance in two weeks, reducing exchange selling pressure.<\/li>\n<li>XRP\u2019s NVT ratio rose 44% in 24 hours, with value outpacing network activity on-chain.<\/li>\n<li>Ripple awaits SEC response that may settle XRP\u2019s legal status and unlock institutional operations.<\/li>\n<\/ul>\n<h2 id=\"xrp-price-breakout-and-analyst-target\">XRP Price Breakout and Analyst Target<\/h2>\n<p>XRP increased by 70% in July 2025 after a slow start to the year. This move followed a major breakout in November 2024 that resulted in a 585% price gain. XRP traded at $3 at press time, with a 2% gain in the past 24 hours. Over the last seven days, the price has dropped by just over 4%.<\/p>\n<p>Crypto analyst Crypto King has pointed out that the <a href=\"https:\/\/cryptopotato.com\/ripple-price-analysis\/\" data-wpel-link=\"internal\">XRP price<\/a> broke out of a long-term downtrend that lasted from July 2023 through late 2024. After a brief correction, the token began moving upward again recently. The analyst has set a price target of $7. If reached, this would represent a gain of more than 150 percent from the current price.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$XRP<\/a> has been proving its place in the market for a long time.<\/p>\n<p>It stayed in a downtrend from July 2024 to November, but after that, it broke out and gave a strong return of about 585 percent.<\/p>\n<p>The first two quarters of 2025 were again slow, but after the July breakout, <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$XRP<\/a> has\u2026 <a href=\"https:\/\/t.co\/r8dqNuHDUp\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/r8dqNuHDUp<\/a><\/p>\n<p>\u2014 Crypto King (@CryptoKing4Ever) <a href=\"https:\/\/twitter.com\/CryptoKing4Ever\/status\/1953063178675556512?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 6, 2025<\/a><\/p>\n<\/blockquote>\n<h2 id=\"drop-in-exchange-supply-and-change-in-nvt-ratio\">Drop in Exchange Supply and Change in NVT Ratio<\/h2>\n<p>Recent data from CryptoQuant shows that XRP exchange reserves fell from around 3.02 billion to 2.3 billion between July 24 and August 7. This shows that a large number of tokens have been withdrawn from the platform.<\/p>\n<div>\n<figure id=\"attachment_407587\" aria-describedby=\"caption-attachment-407587\" style=\"width: 4000px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/XRP-Ledger-Exchange-Reserve-Binance.png\" data-wpel-link=\"internal\"><\/a><figcaption id=\"caption-attachment-407587\" class=\"wp-caption-text\">Source: CryptoQuant<\/figcaption><\/figure>\n<\/div>\n<p>In fact, traders often transfer assets off exchanges when they intend to hold for a longer time. A lower supply on exchanges may lead to less selling pressure.<\/p>\n<p>At the same time, the NVT ratio for XRP rose sharply. In the past 24 hours, it climbed 44% to reach 225. This metric compares the market value of a token to the volume of on-chain transactions. A high reading can mean that market value is growing faster than network activity. While price moved up, the actual usage of the token on the network showed less growth.<\/p>\n<div>\n<dl id=\"attachment_407586\">\n<dd>\n<p><figure id=\"attachment_407586\" aria-describedby=\"caption-attachment-407586\" style=\"width: 4000px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/XRP-Ledger-NVT-Ratio.png\" data-wpel-link=\"internal\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-407586\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCA0MDAwIDIyNTAiIHdpZHRoPSI0MDAwIiBoZWlnaHQ9IjIyNTAiIGRhdGEtdT0iaHR0cHMlM0ElMkYlMkZjcnlwdG9wb3RhdG8uY29tJTJGd3AtY29udGVudCUyRnVwbG9hZHMlMkYyMDI1JTJGMDglMkZYUlAtTGVkZ2VyLU5WVC1SYXRpby5wbmciIGRhdGEtdz0iNDAwMCIgZGF0YS1oPSIyMjUwIiBkYXRhLWJpcD0iIj48L3N2Zz4=\" data-spai=\"1\" alt=\"XRP Ledger NVT Ratio\" width=\"4000\" height=\"2250\"\/><\/a><figcaption id=\"caption-attachment-407586\" class=\"wp-caption-text\">Source: CryptoQuant<\/figcaption><\/figure>\n<\/p>\n<\/dd>\n<\/dl>\n<\/div>\n<h2 id=\"legal-ruling-and-institutional-moves\">Legal Ruling and Institutional Moves<\/h2>\n<p>Ripple\u2019s ongoing legal case with the United States Securities and Exchange Commission may be nearing a final decision. The SEC is <a href=\"https:\/\/x.com\/Belisarius2020\/status\/1952854544695869707\" data-wpel-link=\"external\" target=\"_blank\">expected<\/a> to respond to the company\u2019s request to withdraw its appeal at 03:00 UTC on August 7. A broader ruling could follow by mid-August. If the appeal is dropped, XRP could gain full legal clarity in the United States.<\/p>\n<p>A ruling in Ripple\u2019s favor would also unlock $125 million currently held in escrow. The firm would be allowed to restart its full-scale operations, and more than 1,700 contracts could be released to the public.<\/p>\n<p>Meanwhile, SBI Holdings has applied to launch an XRP exchange-traded fund. Reports <a href=\"https:\/\/www.sbigroup.co.jp\/english\/investors\/disclosure\/presentation\/pdf\/250731presentations.pdf\" data-wpel-link=\"external\" target=\"_blank\">suggest<\/a> that businesses may be planning up to $1 billion in XRP purchases for treasury use.<\/p>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0; clear: both;\">\n<div><center><span style=\"font-size:11px; color: gray;\">SPECIAL OFFER (Sponsored)<\/span><\/center><br \/>\n<b>Binance Free $600 (CryptoPotato Exclusive): <a href=\"https:\/\/cryptopotato.com\/binance600f\/\" rel=\"nofollow\" data-wpel-link=\"internal\">Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (<a href=\"https:\/\/cryptopotato.com\/binance600d\/\" data-wpel-link=\"internal\">full details<\/a>).<\/p>\n<p><b>LIMITED OFFER for CryptoPotato readers at Bybit: <a href=\"https:\/\/cryptopotato.com\/pl\/bybit24\/\" rel=\"nofollow\" data-wpel-link=\"internal\">Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>\n<br \/><a href=\"https:\/\/cryptopotato.com\/5-things-to-watch-in-xrp-after-70-july-surge\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"TL;DR Analyst Crypto King says XRP could reach $7, more than doubling from current price levels. Over 700&hellip;\n","protected":false},"author":2,"featured_media":27979,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-34972","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/34972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34972"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/34972\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/27979"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}