Ripple with US-based payment giant American Express (Amex) 
$2.47 The collaboration established between stands out as a strong example of how radical impact blockchain technology can create in the traditional financial world.
Amex Trusts Ripple Network
According to information shared by crypto researcher SMQKE, American Express “frequently” uses Ripple’s blockchain infrastructure. This information shows that global finance is adopting blockchain technology not only in the trial phase, but now in real-world transactions. Ripple has long offered an important solution for banks and payment providers with its technology that enables instant, low-cost and transparent international money transfers.
This step embodies Ripple’s long-term vision of “a blockchain-based financial network connecting institutions, banks and businesses.” Transactions by American Express over the Ripple network mean that payments are completed faster, transaction costs are reduced, and transparency in international money flows is increased.
The low commission and speed advantages offered by Ripple, especially in cross-border payments, present an alternative structure to the SWIFT system. The integration of a well-established institution like Amex into this structure proves that blockchain-based finance is no longer a niche field.
XRP Pushes Critical Threshold at $2.50
Market analyst Innovator of Africa shared a new bullish expectation for XRP: “This is the last stop at $2.5; the rise will continue from here.” This comment created a renewed wave of optimism among XRP investors.
Technically, the $2.50 level is a strong support point, allowing buyers to reposition. XRP, which is consolidated with low volume, gaining strength at this level could trigger a rapid rise in a possible breakout. According to CoinGecko data, at the time of writing, XRP was trading at $ 2.45.
In recent weeks, Ripple’s making new agreements with fintech companies in Europe and expanding its licensed service network outside the USA were among the important developments supporting this technical outlook. Additionally, last month, Japan-based SBI Remit launched instant money transfers to the Philippines using RippleNet, which also contributed to the growth of the ecosystem.
American Express’s adoption of Ripple infrastructure has brought blockchain’s permanence in the financial sector back to the agenda. It is clear that traditional institutions are not just testing such technologies, they are now actively using them. XRP price may also receive support from this transformation with its technically strengthened appearance. However, investors also need to closely follow regulatory developments and general market conditions.
