Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

XRP price rises 1.6% after SWIFT launches blockchain payments pilot with Ripple-linked banks

Market News
09 Jul 2026
Crypto news
View Source
Neutral
pluang ai news

XRP's price increased by about 1.6% following SWIFT's announcement of a blockchain payments pilot involving 17 banks, including those connected to Ripple. The pilot aims to test distributed ledger technology for international payments, but analysts caution it may not directly boost XRP demand since SWIFT plans to use tokenized bank deposits rather than XRP as the settlement asset. Despite the price uptick, institutional investors withdrew $7.29 million from XRP spot ETFs, the largest outflow since March 2026, and derivatives data show bearish sentiment remains. Technical indicators also suggest sellers still dominate, indicating XRP faces resistance despite short-term gains from the partnership news.

More News (XRP)

XRP price rises 1.6% as SWIFT partners with Ripple-linked banks for blockchain cross-border payments pilot

XRP price rises 1.6% as SWIFT partners with Ripple-linked banks for blockchain cross-border payments pilot

XRP's price increased by 1.6% to $1.09 following SWIFT's announcement of a pilot project with 17 banks, some affiliated with Ripple, to test blockchain-based cross-border payments. Despite this partnership, SWIFT will not use the XRP token in its sys...

Market News
Bullish
6 hours ago
Cryptocurrency prices show mixed movements with Bitcoin near $62,833 and Ethereum around $1,744.

Cryptocurrency prices show mixed movements with Bitcoin near $62,833 and Ethereum around $1,744.

Cryptocurrency markets display varied price changes, with Bitcoin trading near $62,833, up 0.99%, and Ethereum around $1,744, up 0.24%. Other notable coins like Binance Coin and Avalanche also show modest gains, while some altcoins experience slight ...

Market News
Neutral
7 hours ago
Made in USA Inc. invests $25M in XRP Ledger-based platform to fight counterfeit American products

Made in USA Inc. invests $25M in XRP Ledger-based platform to fight counterfeit American products

Made in USA Inc., a 28-year-old certification company, has acquired technology assets to build a blockchain-based platform using the XRP Ledger, AI, and IoT to verify the authenticity of American-made products. The platform uses both public and priva...

Protocol Fundamentals
Bullish
8 hours ago
Bitcoin rebounds above $63K as oil prices fall and BitGo launches quantum security tools for institutions.

Bitcoin rebounds above $63K as oil prices fall and BitGo launches quantum security tools for institutions.

Bitcoin rose above $63,000, gaining 2.1% amid easing geopolitical tensions and falling oil prices, which eased inflation fears and bond yields. This macro relief helped risk assets like crypto recover slightly despite the market still being in extrem...

Market News
Bullish
8 hours ago
XRP's bearish trend deepens as futures participation and liquidity weaken, signaling caution for investors.

XRP's bearish trend deepens as futures participation and liquidity weaken, signaling caution for investors.

XRP is showing signs of a deepening bearish trend as key market indicators weaken. Open Interest in Binance futures has dropped to one of its lowest levels recently, indicating traders are closing leveraged positions and reducing exposure. Additional...

Market News
Bearish
10 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App