Ripple’s push for a U.S. national bank license injects fresh momentum into XRP, breaking key resistance amid surging volume

(Reuters) -Crypto firm Ripple is applying for a national bank charter in the U.S., its CEO Brad Garlinghouse wrote in a social media post on Wednesday, shortly after a similar step by stablecoin giant Circle.

Ripple has filed for a U.S. federal bank charter on Tuesday, signaling a major strategic shift. Meanwhile, the SEC has paused decisions on converting XRP, Solana, and Cardano into ETFs. Here’s what it all means for investors.