Claims regarding XRP adoption by Bank of America remain unverified, despite renewed attention following a recent Fox Business cryptocurrency segment. Bank of America has been publicly associated with Ripple since at least 2019, when the bank was listed among Ripple's payment-network partners, but no statement from the bank has confirmed direct use of XRP for settlement. Separately, REAL Token, an XRPL-based project, has reported an August 15 exchange expansion that could broaden its market access — though this development is independent of any banking payment claims.

A hypothetical scenario envisioning REAL Token rising from a referenced $0.02 to $748.50 has also circulated but remains speculative, with no supplied evidence supporting such a valuation as a confirmed market target.

Fox Business Appearance Raises Banking Questions

An account identified as KingXRP linked a Fox Business broadcast to claims about XRP payment usage by financial institutions. The same post connected the discussion to REAL Token's exchange expansion plans and presented the hypothetical price increase from $0.02 toward $748.50.

The television broadcast featured David Stryzewski, CEO of Sound Planning Group, appearing alongside displayed price quotes for Bitcoin, Ethereum, Litecoin, and XRP. At the time of the segment, XRP was shown at approximately $2.42.

Notably, Bank of America CEO Brian Moynihan was not part of the broadcast. This distinction is significant when evaluating the reported banking claim, as the supplied material does not establish direct confirmation from Bank of America regarding any XRP payment usage.

Stryzewski has previously discussed Ripple and XRP in the context of banking infrastructure. His remarks have drawn attention because institutional payment adoption remains a central theme in XRP-related narratives, particularly following Ripple's partial legal victory against the U.S. Securities and Exchange Commission in July 2023, when a federal court ruled that XRP itself is not a security in programmatic sales on public exchanges. However, external commentary does not constitute an official confirmation from the financial institution in question.

XRP Payment Claims Remain Separate From Infrastructure

The core issue centers on whether banks actually use XRP directly for settlement purposes. Financial institutions can engage with Ripple-related infrastructure without necessarily holding or transacting in XRP. Ripple's payment network, historically known as RippleNet, has been designed to support cross-border transactions with optional On-Demand Liquidity features that do use XRP — but participation in such infrastructure alone cannot serve as evidence of direct token usage.

A formal statement from Bank of America would provide substantially stronger evidence. Such confirmation would clearly distinguish speculative commentary from an institution's verified position. Absent that, the payment usage claim remains unconfirmed by the available material.

The cryptocurrency price board shown during the broadcast offered market context. Bitcoin was trading near $102,075, while Ethereum was at approximately $3,657. XRP was displayed at roughly $2.42 on what was characterized as a bearish reading. These figures represent a market snapshot rather than any technical forecast and do not indicate XRP's future price direction.

REAL Token Plans Represent Another XRPL Development

KingXRP's post also tied the banking narrative to developments surrounding REAL Token. August 15 was identified as a potential exchange expansion milestone for the project, an event that could increase both access and visibility for the XRPL-based token. The XRP Ledger supports a range of projects beyond XRP itself, including tokenized assets and decentralized exchange functionality built into the protocol.

The post referenced the media and payments industries as collectively valued at approximately $38.5 trillion. That figure describes the broader market opportunity cited in the post and does not represent a confirmed valuation for either REAL Token or XRP.

Additionally, the post included purchase references for an XRPL decentralized exchange. MEXC was separately mentioned as another available trading venue. These details constitute promotional material associated with the wider ecosystem discussion.

The hypothetical projection of REAL Token moving from $0.02 to $748.50 represents an exceptionally large increase from the referenced starting point. No evidence supplied in the material establishes this figure as an achievable or confirmed market target.