XRP’s modest 0.84% gain comes amid ongoing legal clarity following Ripple Labs’ partial victories in the SEC case. Brad Garlinghouse, Ripple CEO, stated last week that “clearer regulatory frameworks will open the door for institutional adoption.”
From a chart perspective, XRP is consolidating within a tight ascending channel, with low trading volume indicating cautious market participation. However, on-chain transaction volumes remain strong, suggesting steady utility in cross-border payments.
Future Outlook:
XRP needs to close above $3.40 to ignite a push toward $3.60–$3.80. Failure to hold $3.25 could see a retest of $3.10.
Strategic Reflection:
With legal uncertainty largely priced in, utility-driven adoption remains XRP’s strongest card.
