$XRP received the MiCA license in the EU and bought Hidden Road for $1.25 billion, strengthening integration with banks. But the SEC lawsuit keeps pressing—regulators are demanding sanctions. XRP is trading at $1.10, holding above support. Network activity has fallen to the year’s lows, while outflows are coming from the ETFs. Technically, the bullish signal is a breakout from the descending channel. Holding $1.10 will open the way to $1.19–1.23. Losing $1.09 will bring back the correction. Fundamentals are strengthening, but the market is waiting for clarity on the lawsuit and demand. Next step— a banking license in the US.
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