Ripple Trademark Filing: XRP Eyes $2.375 After Ripple’s Bold Move into Custody Services

The recent Ripple trademark filing signals the company’s strategic expansion into crypto custody services, marking a significant milestone in its growth trajectory. Ripple Labs seeks to enter cryptocurrency custody services as indicated by their recent filing of the “Ripple Custody” trademark application. The application submitted on February 25 covers two main areas as it provides downloadable software alongside financial services related to cryptocurrency and fiat currency custody and storage and transmission capabilities. 

Ripple Custody: A New Era of Secure and Compliant Crypto Storage Solutions

Ripple continues its efforts to build a stronger digital asset infrastructure by pursuing this development. The current Ripple Custody platform of the company operates live commercial custody solutions across 20 regulatory jurisdictions and delivers sophisticated security measures and compliance features to institutions. The company appears to extend its services by submitting a new trademark application for an operation similar to a cryptocurrency wallet or custodial service.

XRP Price Prediction: Will Ripple’s Expansion into Custody Services Boost the Coin’s Value?

The move emerged from an increasing institutional fascination with digital assets as Franklin Templeton simultaneously filed applications for an XRP exchange-traded fund (ETF). Ripple’s proposed entry into custody services creates an opportunity to fulfill the rising market need for safe and regulatory-compliant digital asset storage systems that strengthen its position within the developing cryptocurrency industry landscape.​

Source: Analyzed by baishnabtriparna, published on Tradingview on March 18, 2025

The XRP 5-minute timeframe exhibits a powerful resistance-support pattern that spans from $2.31 to $2.375. The price formed its daily low at $2.295 before starting an upward movement that received support from an upward-sloping trend line. Bullish momentum occurs with multiple golden crosses on the MACD while short-term market corrections are triggered by death crosses. The RSI displays overbought areas which match the location of resistance areas while oversold zones match support levels thus creating clean entry-exit trading opportunities. The price maintains its fluctuations between this band because buyers enter support zones while sellers come into play near resistance.

The XRP price prediction is expected to face a retest of the $2.375 resistance if it sustains its position above $2.34. The price has the potential to extend past $2.40 due to strong volume support following a successful breakout from this level. The price will move towards $2.295 and possibly below if selling pressure intensifies and the price falls below $2.31 support. The moderate upward market trends are confirmed by both RSI positioning in the mid-range along with MACD’s recent golden crosses. These indicators support an optimistic price movement unless market sentiment turns negative.

Ripple’s Strategic Move: How the Ripple Trademark Filing Positions the Company for Future Growth

The Ripple Trademark Filing has sparked excitement among investors and industry experts, who see it as a move to strengthen the company’s position in the digital asset market. Through its strategic trademark filing of “Ripple Custody” the company demonstrates its vision to dominate the digital asset sector. Secure-compliant cryptocurrency storage solutions will see continued growth because both institutional adoption advances and regulatory understanding become clearer. The expansion of custody service positions Ripple to address rising institutional needs in this market while creating new revenue opportunities that build their blockchain finance trust. Ripple’s execution of this expansion establishes a critical factor to determine its market competitiveness in the face of rising crypto competition from traditional financial institutions.