Canary

Brad

SoSoValue

Franklin

<p>Ripple announced several deals and key partnerships over the past few days, further boosting the buzz surrounding the company.</p>
<p>However, the positive news has failed to trigger a major resurgence for XRP, yet certain analysts believe a big breakout could be on the horizon.</p>
<h2 id="the-recent-developments">The Recent Developments</h2>
<p>On July 4, the USA celebrated its 250th Independence Day, a historic milestone filled with nationwide special events. Ripple <a href="https://cryptopotato.com/important-ripple-xrp-announcement-for-july-4-details/" rel="noopener noreferrer nofollow">joined</a> the festivities by partnering with a nonprofit that helps unemployed veterans find high-quality jobs after service. The ultimate goal is to secure jobs for 200,000 affected people by 2030, with Ripple matching donations up to $10,000.</p>
<p>Two days later, the company <a href="https://cryptopotato.com/ripple-xrp-scores-major-european-win-with-full-mica-license/" rel="noopener noreferrer nofollow">disclosed</a> breaking news from the other side of the globe. It received full authorization as a Crypto Asset Service Provider (CASP) from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), allowing the firm to offer its regulated payments platform throughout the European Economic Area (EEA).</p>
<p>Shortly after, Ripple <a href="https://cryptopotato.com/ripple-lands-major-xrp-partnership-as-garlinghouse-shares-rare-personal-moment/" rel="noopener noreferrer nofollow">shook hands</a> with the Kansas Jayhawks, also known as KU (the athletic teams representing the University of Kansas). Per the partnership’s conditions, XRP’s logo will appear on all of their uniforms. Speaking on the matter was Ripple’s CEO, Brad Garlinghouse, who <a href="https://x.com/bgarlinghouse/status/2074837641648836771?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2074837641648836771%7Ctwgr%5Efef2c5ed32899e1f4988c4beea260b77e03cb634%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcryptopotato.com%2Fripple-lands-major-xrp-partnership-as-garlinghouse-shares-rare-personal-moment%2F" rel="noopener noreferrer nofollow">said</a>:</p>
<blockquote>
 <p>“Rare moment where my professional and personal worlds collide: XRP is now the first crypto on the jersey of a major college athletics program, at my alma mater.”</p>
</blockquote>
<p>Just recently, the X account BSCN <a href="https://x.com/BSCNews/status/2075090823243551042" rel="noopener noreferrer nofollow">revealed</a> that the US supply chain firm Made in USA has selected the XRP Ledger to power its verification and product certification system. According to the entity, blockchain will provide immutable records that help verify the origin and authenticity of local products.</p>
<h2 id="the-etf-front">The ETF Front</h2>
<p>Spot XRP ETFs saw significant capital inflows over the past few months, highlighting growing institutional appetite for the asset. The first company to <a href="https://cryptopotato.com/canarys-xrp-etf-xrpc-launch-successful-heres-what-happened-on-day-1/" rel="noopener noreferrer nofollow">issue</a> such a fund (with 100% exposure to the token) is Canary Capital, followed by Bitwise, Franklin Templeton, 21Shares, and Grayscale. Since day 1, these investment vehicles have generated a cumulative total net inflow of almost $1.5 billion.</p>
<p>Spot XRP ETFs have had only four red days since April, with July 8 being one of them. This stands in sharp contrast to spot BTC ETFs, which have been bleeding heavily over the past few months.</p>
<figure class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2026/07/Spot-XRP-ETFs-1.png" rel="noopener noreferrer nofollow"><img src="https://cryptopotato.com/wp-content/uploads/2026/07/Spot-XRP-ETFs-1.png" alt="Spot XRP ETFs" width="582" height="480"></a>
 <figcaption>
  Spot XRP ETFs, Source: SoSoValue
 </figcaption>
</figure>
<h2 id="xrp-price-outlook">XRP Price Outlook</h2>
<p>As of press time, Ripple’s cross-border token trades at around $1.09, a minor 1.3% increase on a weekly scale. According to X user MikybullCrypto, the current price level represents a “lifetime opportunity entry,” as the analyst <a href="https://x.com/MikybullCrypto/status/2074851842534633593" rel="noopener noreferrer nofollow">set</a> a target of $5 and potentially even higher.</p>
<p>For their part, Crypto Coral <a href="https://x.com/Crypt0_Coral/status/2075149448217243976" rel="noopener noreferrer nofollow">spotted</a> that XRP is compressing inside a triangle, with the valuation currently reacting from a key support zone. “Structures this large often lead to significant moves once resistance gives way,” they added.</p>
<p>The post <a href="https://cryptopotato.com/ripple-xrp-news-today-july-9/" rel="noopener noreferrer nofollow">Ripple (XRP) News Today: July 9</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.</p>

Ripple (XRP) News Today: July 9

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