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Ahmed Balaha
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Arizona just put XRP into state legislation. Senate Bill 1649 cleared the Senate Finance Committee in a 4–2 vote, advancing a proposal to create a Digital Assets Strategic Reserve Fund.
Unlike most state level crypto bills that focus only on Bitcoin, this one explicitly names XRP and DigiByte as eligible assets alongside BTC.
The bill does not authorize Arizona to buy crypto with taxpayer funds. Instead, it allows the state to hold digital assets seized or surrendered to it, rather than liquidating them immediately.
The State Treasurer would have discretion to custody those assets securely or use qualified exchange-traded products. That distinction lowers the political risk.
Arizona’s move stands out because it breaks from the Bitcoin only narrative seen in other states. By including XRP, the bill acknowledges utility-focused networks, not just store-of-value assets.
The bill now heads to the Senate Rules Committee. If it passes both chambers, it would land on the Governor’s desk. A previous crypto investment bill was vetoed, but this version is structured differently to address those concerns.
For XRP, the significance is not immediate buying pressure. It is legitimacy. Being written into state reserve language signals that policymakers are increasingly willing to treat XRP as a recognized digital asset within public finance frameworks.
XRP Price Prediction: Could This Take XRP back Above $2.00?
XRP is still moving inside the descending channel and just tested the lower boundary near $1.30 again.
That level is critical. Buyers have defended it several times, stopping a clean drop toward $1.10.
The broader structure on this timeframe remains down. But repeated bounces at $1.30 hint that demand is forming.
If XRP holds this base and pushes toward $1.61, that would mark the first real shift in momentum. A break above $1.61 opens room to $1.90, with $2.40 as the larger swing target.
If $1.30 breaks decisively, $1.10 becomes the next key support.
Longer term, increasing mentions of XRP in state-level reserve discussions add a constructive backdrop. It does not trigger an instant buying spree, but it strengthens the legitimacy narrative while support holds.
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