As Ripple actively applies for a U.S. national banking license, XRP is gradually moving towards the core position of the mainstream financial system. In this wave of cryptocurrency compliance and financial integration, LET Mining is providing XRP holders with a new path to release value.

XRP could rally to $2.65 as a bullish trading pattern, and investors’ excitement over Ripple Labs’ US banking license application boosts interest in the altcoin. Ripple Labs’ application for a US banking license has acted as a catalyst for XRP, paving the way for a potential rally to $2.65.

Crypto firm Ripple is applying for a national bank charter in the United States, its CEO Brad Garlinghouse wrote in a social media post on Wednesday, following a similar move by stablecoin giant Circle .