XRP Payment Volume Surge May Signal Renewed Use While Bitcoin Could Test $104,000 and SWIFT Questions Ripple’s Role

• SWIFT vs Ripple: banks prefer neutral, jointly governed rails over company-tied ledgers.

• Bitcoin’s key technical support sits at the 200‑day EMA near $104,000; a break risks deeper declines.

• XRP posted a 100% jump in daily payment volume on Sept. 1, 2025, exceeding 2.15 billion tokens moved.

Ripple lawsuit: SWIFT criticizes legal survival; Bitcoin risks the $104,000 zone; XRP payment volume spikes 100% — read analysis and next steps.

What is the Ripple lawsuit debate?

Ripple lawsuit coverage centers on whether legal survival translates into the type of neutrality banks require. SWIFT’s innovation chief said surviving a court case does not equal the shared, enforceable governance banks need for core infrastructure.

How does SWIFT justify preferring shared governance over Ripple’s model?

SWIFT positions itself as a cooperative of thousands of banks that jointly set rules, creating enforceability and privacy controls that public blockchains currently lack. Tom Zschach emphasized that banks value neutral, collectively governed rails over networks tied to a single corporate entity.

How is the Bitcoin price action testing $104,000 support?

Bitcoin $104,000 is the current focal point because the 200‑day EMA sits near that level and represents the last major technical cushion after the $120,000 and $109,000 breakdowns.

• Loss of the 50‑day EMA preceded the move toward the 200‑day EMA, increasing downside risk.

• RSI shows weakness and no bullish divergence; volumes still favor selling over exhaustion.

If the $104,000 zone fails, chart structure implies limited immediate support below, raising the probability of a prolonged decline rather than a quick rebound. Analysts note that thin support, persistent selling volume, and weak momentum create conditions where even modest pressure can accelerate losses.

Why did XRP payment volume surge 100% and what does it mean?

XRP payment volume spiked to over 2,150,000,000 tokens on Sept. 1, 2025 — roughly 100% above the August daily average — marking the largest single‑day on‑chain flow for XRP this year.

• The spike coincided with a brief test of $2.70, followed by a bounce back above $2.80.

• Activity had been below 1,000,000,000 daily for months, so the surge indicates renewed settlement demand or large transfers.

On‑chain analytics and exchange flow data (reported by on‑chain monitoring services and market participants) show the surge could stem from large institutional transfers or resumed settlement activity. The immediate effect was price support; technical targets sit at $2.95, $3.10 and $3.30 if momentum continues. Failure to hold $2.70 could send XRP toward $2.50.

Frequently Asked Questions

Will banks adopt Ripple despite the lawsuit outcome?

Banks prioritize neutral governance and enforceability. While Ripple’s ledger can be useful, many institutions remain cautious because corporate influence and regulatory certainty matter more than litigation outcomes.

How likely is a Bitcoin rebound above $120,000 soon?

Given current bearish technicals, weak RSI and active selling volume, a quick pivot above $120,000 is unlikely without a sustained reduction in selling pressure and clear momentum reversal.

Could XRP’s payment volume spike be driven by exchanges?

Yes. Large exchange transfers can cause on‑chain spikes, but settlement demand is also a plausible driver. On‑chain analytics firms and market observers are still evaluating the exact mix.

Key Takeaways

• Governance matters: Banks value shared rule‑making and enforceability over vendor‑tied ledgers.
• Bitcoin technical risk: The 200‑day EMA near $104,000 is the critical support level to watch.
• XRP utility signs: A 100% jump in payment volume signals renewed on‑chain use, with price targets at $2.95–$3.30 if momentum holds.

Conclusion

SWIFT’s critique underscores that Ripple lawsuit survival does not automatically confer the neutral governance banks demand. Bitcoin’s path hinges on defending the 200‑day EMA near $104,000, while XRP’s 100% payment volume surge suggests on‑chain utility is returning. Watch regulatory clarity, on‑chain flows and technical confirmation for next moves.

Published by COINOTAG — Updated: 2025-09-03.