XRP Eyes $7 as Goldman & BNY Move $7.1T On-Chain with Ripple in the Mix

XRP Cup & Handle Pattern Signals $7 Target, Says Analyst Crypto Bull

Renowned market analyst Crypto Bull suggests XRP is primed for a major breakout after completing the classic cup-and-handle pattern, one of crypto’s most reliable bullish signals, often preceding explosive rallies when backed by strong volume.

Taking on X, formerly Twitter, Crypto Bull noted, “XRP cup & handle pattern completed, Next stop is $7.”

The cup-and-handle pattern, a rounded 'U' followed by a brief consolidation dip, signals strong bullish momentum when broken. According to Crypto Bull, XRP has now completed this formation on higher timeframes, setting the stage for a potential rally toward $7.

His analysis aligns with a recent forecast that XRP might be eyeing a 200% move to $9.63 based on historic cycle trends. 

XRP is tightening around the $2.91 level, and with its position as the world’s third-largest cryptocurrency, the next move could set the tone for both short- and long-term momentum.

Goldman Sachs & BNY Mellon Push $7.1T Money Market Onto Blockchain — Ripple Joins the Revolution

According to market analyst Xaif Crypto, two of Wall Street’s most influential players, Goldman Sachs and BNY Mellon, are making a decisive leap into blockchain by moving the $7.1 trillion money market industry onto digital rails. 

The initiative centers on tokenizing money market funds, enabling faster settlements, reduced friction, and more transparent transactions. In a move that caught the attention of the crypto community, Ripple (XRP) has also entered the partnership, underscoring the growing convergence between traditional finance and blockchain-native networks.

Money market funds are traditionally viewed as one of the safest investment vehicles, offering stability and liquidity for institutions and retail investors alike. However, the behind-the-scenes mechanics remain bogged down by slow settlement processes, operational inefficiencies, and limited cross-border accessibility. By leveraging tokenization, Goldman Sachs and BNY Mellon aim to streamline this multitrillion-dollar segment, cutting costs and enabling real-time settlement.

Ripple’s involvement adds a significant layer to the story. Known for its focus on cross-border payments and institutional-grade blockchain solutions, Ripple brings the technological infrastructure to bridge legacy finance with blockchain-native efficiency.

XRP’s utility in providing liquidity and settlement speed positions it as a natural fit within a tokenized money market ecosystem. If fully integrated, it could enhance liquidity management, improve capital efficiency, and extend access to global investors.

Xaif Crypto stressed that this isn’t just a pilot, it’s the start of a structural shift. When firms managing trillions adopt blockchain tokenization, it stops being hype and becomes the rewriting of global financial markets.

For crypto, the implications are massive. Tokenizing a $7.1 trillion market shows blockchain is moving well beyond speculation, gaining institutional trust as core financial infrastructure. Ripple’s role underscores its position as a pivotal enabler in the digital asset economy.

Conclusion

Goldman Sachs and BNY Mellon’s move to tokenize the $7.1 trillion money market marks a watershed moment for traditional finance and blockchain. 

With Ripple in the mix, the initiative underscores how legacy giants and crypto innovators are converging to modernize one of the world’s largest asset classes.

On the other hand, if Crypto Bull’s analysis holds, XRP could be on the verge of a breakout that commands market-wide attention. With the cup and handle pattern complete, $7 emerges as a clear technical target, offering both traders and long-term holders a decisive roadmap.