XRP could rally to $2.65 as a bullish trading pattern, and investors’ excitement over Ripple Labs’ US banking license application boosts interest in the altcoin. Ripple Labs’ application for a US banking license has acted as a catalyst for XRP, paving the way for a potential rally to $2.65.

By Niket Nishant (Reuters) -Crypto firm Ripple is applying for a national bank charter in the United States, its CEO Brad Garlinghouse wrote in a social media post on Wednesday, following a similar move by stablecoin giant Circle.