How will the price of XRP follow in this new stage of Ripple?

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By Berto R

  • XRP no longer has the «excuse» of judicial news to rise or lower price.

  • Ripple must make its cryptocurrency relevant and be useful beyond speculation.

Ripple, an XRP cryptocurrency station, is already free of the judicial yoke. Years of conflicts with the American Stock Exchange and Securities Commission, have finally been left behind.

The arrival of Donald Trump to the presidency in the United States and its promises – in compliance routes – of establishing favorable policies towards Bitcoin (BTC) and cryptocurrencies are favoring the Ripple business.

As cryptootics has reported it, Both the SEC and Ripple have decided to put an end to judicial claims. Nor will the sec will continue to demand Ripple for alleged sales of value titles (securities) Not registered, nor Ripple will continue the demand against the SEC for the alleged damage caused to the company.

At first glance, that could be considered great news for XRP. But, the price of cryptocurrency is not having a specially significant rebound with these novelties.

Trump’s victory in the November presidential elections made more for the price of XRP than these novelties in judicial matters. Maybe it’s because The market had already discounted that this would happen And that had already been reflected in the price of cryptocurrency.

The following graph shows how it has moved in XRP price since January 2024. The great rebound of November coincides with the confirmation that Trump would be the next president of the United States.

XRP price chart since January 2024. Source: TrainingView.

However, it can also be interpreted that XRPby leaving behind the judicial conflict with the SEC, loses one of the main catalysts that for years justified both their increases and their price falls.

For a long time, the narrative of the litigation was a key factor in market perception: each advance or setback in the case generated speculation and volatility.

Now, without that external excuse, XRP is exposed to its own foundations. The big question is whether these are solid enough to boost their value or if, on the contrary, cryptocurrency could languish if it fails to meet true market needs.

Historically, XRP has presented itself as «the cryptocurrency of the banks», an asset designed to facilitate rapid and economic cross -border transactions (nothing that does not BTC through lighting Network), competing with traditional systems such as Swift.

Ripple, the company behind XRP, has sought to position its technology as a revolutionary solution for financial institutions. However, despite marketing efforts and associations with banks and payment companies, The real use of XRP by the banking sector has been limited.

Although Ripple has signed agreements with several financial institutions in the world, the adoption of XRP as a central asset in these operations has not taken off.

A clear example of this disconnection is in Ripple’s own developments. The company has ventured into projects such as digital currencies of Central Banks (CBDC), offering its technology to governments and financial entities to create modern payment systems. However, these projects do not depend on XRP. The Ripple Platform can operate perfectly using other currencies or even Stablecoins, which questions XRP’s intrinsic need within the ecosystem that the company itself is building.

If banks and institutions can benefit from the technology offered by Ripple without using XRP, what unique value does cryptocurrency provide the market?

Unlike Bitcoin, which is held in a decentralized network and in the confidence of its users such as a value warehouse, or Ethereum, which promotes an ecosystem of intelligent contracts and decentralized applications, XRP has failed to consolidate a clear and massive case. Its price, to a large extent, has been driven by speculation rather than an organic demand derived from its adoption.

The recent launch of Ripple USD (RLUSD), the Ripple Stablecoin, could be seen as a potential trigger for the price of XRP. A stablecoin linked to the US dollar has the potential to integrate into the cross -border payment systems that Ripple already offers, creating a bridge between traditional finances and the world of cryptocurrencies.

If Rlusd won significant traction, he could increase the relevance of the Ripple ecosystem as a whole, which, in theory, could benefit XRP, because Rlusd operates both in Ethereum and the XRP LEDger (network that uses XRP for the payment of commissions).

However, as cryptootics has recently reported, Rlusd is going unnoticed in the market since its launch. In a sector dominated by giants such as Tether (USDT) and USD Coin (USDC), which control most of the volume of Stablecoins, Rlusd faces a uphill battle to gain market share.

At the time of this publication, there are 12 stablecoins that are more valuable than Rlusd:

Stablecoins List ordered in decreasing order by market capitalization.
Stablecoins ordered decreasingly by market capitalization. Source: Coinmarketcap.

So … what follows for the price of XRP? Despite the pessimism that can be perceived in everything said so far, In the short term, XRP is possible to continue benefiting from general optimism in the cryptocurrency marketespecially if Trump’s policies generate a favorable environment for all digital assets.

From the technical analysis, it is observed that XRP forms a figure that, to rough (If we do not get too strict, then it has some anomalies) it could be interpreted as an upward flag:

XRP price chart since January 2024. Source: TrainingView.

If that pattern is consolidated, XRP could perhaps go to figures such as the 7 dollars anticipated by Jacobo Maximiliano, analyst at Exchange Bitget.

However, in the medium and long term, XRP’s fate will depend on its ability to find a definite purpose.

If Ripple manages to integrate XRP significantly in his solutions – either through RLUSD or new use cases with banks and companies – there could be a Renaissance for cryptocurrency. But If it remains a secondary asset within its own ecosystem, its price could stagnate or even decline As investors seek more promising opportunities.


Discharge of responsibility: The views and opinions expressed in this article belong to its author and do not necessarily reflect those of cryptootics. The author’s opinion is informatively and under no circumstances constitutes an investment recommendation or financial advice.

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