 ▲ Ripple (XRP) |
News of a blockchain partnership involving SWIFT, the global interbank messaging network, and Mastercard has propelled XRP past $1.40, unleashing strong upward momentum. With exchange reserves plunging to their lowest level in 10 months and selling pressure easing, expectations that XRP will serve as a key bridge within the global payments infrastructure are driving the price higher.
According to investment media outlet FX Leaders on March 13 (local time), XRP is trading above $1.40, up 2.3% from the previous day, moving in tandem with the upward trend of market leader Bitcoin (BTC).
Behind the rally lies more than just a broader market rebound, but a significant wave of institutional adoption. A key topic is the analysis suggesting that SWIFT’s blockchain experimentation and international standards migration could intersect with the potential of the XRP Ledger.
Industry developers are paying attention to SWIFT’s announcement that it will integrate a blockchain-based shared ledger into its network of more than 11,500 financial institutions. While SWIFT maintains the global communication and coordination layer, XRP could function as a neutral bridge asset for value settlement.
Adding further momentum, Ripple has joined global payments giant Mastercard’s crypto partner program. The initiative aims to connect blockchain technology to Mastercard’s payment infrastructure across more than 200 countries.
Through Ripple’s participation, XRP and its on-chain payment infrastructure have established a strong foundation to position themselves as a practical utility layer for enterprise payments and cross-border remittance networks.
On-chain data also strongly supports XRP’s bullish structure. XRP holdings on Binance have dropped sharply from over $10 billion at the start of this cycle to approximately $3.7 billion, the lowest level since April 2025.
This decline in exchange supply to a 10-month low is a strong signal that investors are moving assets to private wallets rather than selling, indicating entry into a long-term accumulation phase.
Technically, XRP has broken out of its sharp decline in February that dragged it down to $1.20, consolidating between $1.30 and $1.45 and establishing $1.30 as a solid support level. Trading volume has risen 4% alongside the recent price increase, reflecting renewed buying interest. However, the seven-day Relative Strength Index (RSI) stands at 74.58, signaling short-term overbought conditions and the possibility of a brief consolidation before further gains.
If XRP maintains the $1.40 level and Bitcoin’s momentum continues to provide support, it could attempt to break through the $1.45 resistance within days. Furthermore, a clean move above the key $1.50 barrier would mark a significant bullish shift in its technical structure. Conversely, a drop below $1.38 could make a retest of the $1.30 support level inevitable.
Disclaimer: This article is for investment reference purposes only and the publisher is not responsible for any investment losses incurred based on this information. The content should be interpreted solely for informational purposes.