XRP’s price has remained above $2.15 amid a broader crypto market rally, and despite market sell-offs in USD-denominated assets, the outlook for Ripple (XRP) remains strong. Experts are increasingly urging investors to hold onto their XRP due to several factors pointing to long-term potential. Here’s why:
1. Legal Clarity for Ripple Nears Final Resolution
Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) is approaching a final resolution. The two parties have agreed to pause appeals, which signals a favorable outcome for Ripple. If XRP is definitively classified as a non-security, it could pave the way for broader institutional adoption and the relisting of XRP on major U.S. exchanges. This would likely trigger a significant price breakout.
2. XRP Ledger Expansion with RLUSD Stablecoin and DeFi
The XRP Ledger (XRPL) is experiencing rapid growth, with Ripple’s launch of RLUSD, a U.S. dollar-backed stablecoin, which will be issued on both XRP Ledger and Ethereum. This move enhances XRPL’s multi-chain compatibility and strengthens its enterprise-grade credentials. Furthermore, the introduction of the Hooks amendment on XRPL’s beta testnet adds programmable logic, enabling decentralized applications (dApps) for payments, identity, and asset issuance directly on XRPL. These developments promise long-term demand for XRP and increased network growth.
3. Surging Demand for Cross-Border Payments
XRP’s original value proposition—enabling instant, low-cost cross-border payments—is gaining renewed importance as traditional payment corridors face regulatory challenges and rising fees. Ripple’s On-Demand Liquidity (ODL) product, powered by XRP, operates in over 70 countries, and demand for XRP as a liquidity bridge continues to grow. Ripple’s expanding presence in Africa, Southeast Asia, and Latin America, coupled with endorsements from the International Monetary Fund (IMF) about blockchain-based payments, suggests the increasing relevance of XRP’s cross-border payment solution.
4. Building Institutional Interest
While retail sentiment has been mixed, on-chain data reveals a steady accumulation of XRP among institutional wallets. Ripple’s partnerships with banks in the Middle East and pilot programs in Europe show that institutional players are still viewing XRP as a strategic asset. As more banks adopt RippleNet for payment settlements, XRP’s use case will likely become more indispensable in a digitalized financial system.
5. Technical Analysis Points to $3.20 Long-Term Target
From a technical perspective, XRP is consolidating near $2.15, with early signs suggesting a potential breakout. The weekly chart shows a tightening price range within the Keltner Channel, with Ripple stabilizing just above the mid-line at $2.14. This support level provides a springboard for a potential price surge towards the $3.09 resistance. Additionally, the Relative Strength Index (RSI) has flattened after a prolonged decline, indicating weakening bearish momentum. If the RSI crosses above 60 in the coming weeks, it would confirm renewed bullish pressure, reinforcing XRP’s long-term growth potential.
Conclusion:
Despite market volatility, XRP’s technical structure, growing institutional interest, and potential for expansion in the DeFi and cross-border payments space make it a compelling asset to hold. With Ripple’s legal clarity nearing resolution, the broader ecosystem evolving, and technical indicators suggesting a possible breakout toward $3.09 and beyond, holding onto XRP may be the smarter play rather than selling.
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