Like XRP imagesThe token native to the XRP Ledger (XRPL), showed a bullish attitude at the beginning of July, the altcoin may receive another boost from Ripple Labs to accept regulations in Europe.
On July 6, Ripple announced that it has received a Crypto Asset Service Provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). As such, Ripple fully complies with the requirements of the Markets in Crypto-Assets Regulation (MiCA), which is applicable throughout Europe.
“This CASP approval means that Ripple is entering the era of MiCA stable and ready for growth,” said Cassie Craddock, Managing Director UK and Europe at Ripple. he realized.
Ripple’s MiCA license will add to the company’s list of more than 70 licenses in various locations around the world. Therefore, the MiCA license will play an important role in Ripple’s expansion in the region, including supporting the growth of the tokenization of the XRP Ledger.
How XRP benefits from Ripple’s MiCA license
The XRP ecosystem is well positioned to benefit from Ripple’s MiCA license, especially given the growing number of organizations that need to invest in real-world assets (RWA). Also, Ripple’s work on building the XRPL has been instrumental in the development of XRP Ledger tokenization.
At press time, XRPL had a 30-day RWA turnover of about $116.29 million, up more than 130% over the period, based on metrics from rwa.xyz. In addition, the network reported holding 59,000 stablecoins.
XRP price for 2026
Following Ripple’s requirements in the EU, Finbold AI Assistant – the top investment tool – has confidently built the price of XRP for the next 60 days.
The Finbold AI Assistant predicted that the price of XRP could end its multi-month selloff and consolidate in the next 60 days. In particular, Finbold AI analyst predicted that the price of XRP could drop by 1% to $1.13 on September 4, 2026.
DeepSeek’s forecast was higher by about 15.79%, from today’s price of $1.14 to about $1.32. Even so, with Ripple’s MiCA approval, the price of XRP may increase even more than DeepSeek predicted, repeating $ 1.50 in the near future.
