Ripple has announced a partnership with a nonprofit to help unemployed veterans find jobs, aiming to assist 200,000 people by 2030 and matching donations up to $10,000. The company also joined the x402 Foundation as a premier member alongside Coinbase and Circle. Meanwhile, the launch of the first spot XRP ETFs in the US initially saw strong inflows, but a reversal occurred in late June, with over $7 million leaving the funds last week. XRP trades at approximately $1.11, with analysts split between predictions of a rally to $9 and a potential drop to $0.87.
Ripple partnered with a nonprofit on July 4th to assist unemployed veterans in finding high-quality jobs. The mission is to help 200,000 people by 2030, with Ripple matching donations up to $10,000. The company announced that 25 veterans have been selected to receive a $10,000 grant.
Ripple joined the x402 Foundation as a premier member, alongside Coinbase and Circle. The project focuses on building open-source standards for AI-powered payments.
Markus Infranger, senior vice president of RippleX, stated, “Open standards like x402 help lay the foundation for trusted, interoperable machine-to-machine payments.” Ripple also received full authorization as a Crypto Asset Service Provider in the European Union and began a marketing partnership with the Kansas Jayhawks.
The first spot XRP ETF in the US launched in November 2025, introduced by Canary Capital. Bitwise, Franklin Templeton, 21Shares, and Grayscale followed shortly after.
The ETFs met with strong investor enthusiasm for months, with inflows consistently exceeding outflows. However, a sudden turn occurred towards the end of June, with red days emerging.
Data shows that the multi-month green-only streak was broken last week, with over $7 million leaving the funds. This indicates that conservative investors, such as pension funds, may be reducing their exposure.
XRP trades at approximately $1.11 as of press time, a 3% increase on a daily scale. The entire crypto market rose on July 14 after news that US inflation came in lower than expected.
Analyst Crypto Patel envisions an explosion to $9, while Celal Kucuker projects a possible rise to $7 later this year. Meanwhile, user Diana noted that XRP recently lost the $1.08 support level, potentially triggering a sell-off to $0.87.
