Ripple Expands Rapidly Post-SEC Settlement: More Banks Join XRP Network

Ripple Expands Rapidly Post-SEC Settlement: More Banks Join XRP Network

Ripple has signed more banking partnerships in just a few weeks after resolving its legal battle with the U.S. Securities and Exchange Commission (SEC), according to The Coin Republic on March 27. CEO Brad Garlinghouse emphasized that Ripple's technology significantly reduces cross-border transaction times from days to minutes, positioning XRP as a key player in international finance.

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Ripple vs. SWIFT: The Battle for Global Payments

🌍 SWIFT has dominated the global banking sector for over 50 years, but its slow processing times and high fees are increasingly criticized.

💡 Ripple’s On-Demand Liquidity (ODL) solution leverages XRP to facilitate instant cross-border transactions without requiring pre-funded accounts at foreign banks.

📈 Key Advantages of Ripple Over SWIFT:
✅ Instant settlements instead of waiting days
✅ Lower costs with reduced intermediary fees
✅ Scalable blockchain network for global finance

🗣️ In a Fox Business interview, Garlinghouse revealed that Ripple signed more contracts with U.S. banks in the past six weeks than in the previous six months combined, particularly after Trump's election victory. This highlights growing institutional demand for alternatives to legacy financial systems like SWIFT.

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🏦XRP at the Core of the Ripple Ecosystem

XRP Ledger (XRPL) offers fast, low-cost, and secure transactions, making XRP a preferred bridge currency for cross-border payments.

However, XRP’s volatility remains a concern for financial institutions. To address this, Ripple introduced Ripple USD (RLUSD), a stablecoin designed to complement XRP and provide stability.

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XRP Price Outlook: Will It Hit $5?

Current XRP Price: $2.45
Support Level: $1.966 (a drop below could invalidate bullish momentum)
Key Resistance: $3.00
Target: $5.00 (potential 105% upside if resistance is broken)

Analysts suggest XRP's adoption in institutional finance could drive significant price growth, with $3.00 as a critical breakout point.

Bottom Line: Ripple’s aggressive expansion post-SEC settlement strengthens its position as a legitimate financial infrastructure provider. If adoption continues, XRP could see major upside—but regulatory and market conditions remain key factors.