Ripple Applies for Asian License as XRP Gains Ground

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XRP rose 4.01% on 26 July 2025 to reach $3.18, outperforming most other digital assets. The price surge followed Ripple’s application for a payments license in a major Asian market, a move seen as a step toward expanding its international operations in the blockchain-based remittance sector.

The filing is part of Ripple’s broader strategy to strengthen its presence in regions where digital payments infrastructure is rapidly evolving. Investors interpreted the license bid as a positive development that could increase the utility of XRP in cross-border settlements, particularly in markets across Asia.

Trading data showed XRP climbing above its recent price range, approaching multi-month resistance levels. While the token has not yet broken out of established technical patterns, the recent move has drawn attention from traders who are closely monitoring regulatory news as a potential price catalyst.

Ripple’s pursuit of licensing in Asia reflects growing interest in integrating blockchain technologies with traditional financial systems. If approved, the license could open new corridors for XRP-based remittances and support broader adoption of the digital asset in regulated environments.

Market sentiment following the announcement has been cautiously optimistic. Trading volume increased, and social media discussions among cryptocurrency communities reflected renewed confidence. However, regulatory uncertainty continues to influence investor behavior.

In the United States, legal pressures persist after a U.S. District Court rejected Ripple’s motion to dismiss the Securities and Exchange Commission (SEC) lawsuit. That decision has added a layer of legal uncertainty that could affect XRP’s future performance. Following this development, XRP’s price pulled back to $3.03, marking a 5.82% decline, with technical indicators showing it testing support near the 200-day EMA at $3.08 and resistance at the 0.236 Fibonacci level around $3.12.

Analysts note that future gains will likely depend on two key factors: regulatory clarity in Asia and the outcome of ongoing legal proceedings in the U.S. A successful license approval could strengthen Ripple’s regional operations and provide further price support for XRP. On the other hand, delays or adverse rulings may trigger volatility and investor caution.

Ripple has not disclosed which Asian country it is targeting for the license, but the move indicates its commitment to operating within regulatory frameworks and expanding XRP’s role in global financial systems.