XRP Surges Past $2.28 on Ripple Bank Charter Optimism and Strong Volume

XRP is flashing bullish signals after breaking above the key $2.28 resistance level, fueled by strong trading volume and renewed investor confidence. Between July 6 at 03:00 and July 7 at 02:00, XRP gained 2.36%, climbing from $2.21 to $2.26, with hourly volume peaking at over 67 million. The rally intensified during the final hour of the session, with a 2.29% jump taking the price to a local high of $2.27.

Traders are closely watching Ripple’s recent move to secure a national bank charter from the U.S. Office of the Comptroller of the Currency (OCC), filed on July 2. If granted, this license would allow Ripple to operate as a federally regulated trust bank — a key step toward mainstream financial integration. Analysts believe this could significantly accelerate institutional use of XRP for global payments, cross-border settlements, and even stablecoin issuance. The bank charter news, coupled with speculation around a potential XRP spot ETF and Ripple gaining access to a Federal Reserve master account, is strengthening the bullish case.

Technically, buyers have repeatedly defended the $2.24–$2.25 support zone, especially during volume-driven dips. The most aggressive breakout occurred around 10:00 when XRP surged through the $2.28 mark. Momentum returned late in the session at 01:30 and 02:01, where increased volume confirmed robust buying activity.

With current resistance now sitting at $2.29–$2.30, traders are eyeing a breakout toward the $2.38 zone. Sustained bullish momentum could push XRP toward mid-term targets between $2.60 and $3.40. As Ripple advances its regulatory roadmap, XRP appears well-positioned for continued upside in both technical and fundamental terms.