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Reasons for XRP Price Stability: Law and Infrastructure

Reasons for XRP Price Stability: Law and Infrastructure

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by Giorgi Kostiuk

7 hours ago


The XRP community continues to discuss the reasons for the price stability of the digital asset. Analyst Vincent Van Code offers a fresh perspective, shifting the focus from legal issues to infrastructure concerns.

Legal Clarity Achieved

Analyst Vincent Van Code emphasizes that legal matters surrounding XRP were largely resolved in July 2023 when Judge Torres ruled that XRP is not a security in secondary markets. According to him, the court's decision is no longer a key factor slowing price movement.

Demand Infrastructure as the Main Barrier

Van Code also explains that major institutions require time to fully integrate Ripple's technology. Compliance checks, onboarding, and integration testing can take between 12 and 24 months. He believes that the main obstacles are not legal barriers but rather insufficient readiness of infrastructure. As the final rollout of Ripple solutions unfolds, the demand for XRP may remain low.

Future of XRP Price Amid Changing Demand

Vincent Van Code suggests that in the future, as consumer demand and the RippleNet solution adoption gain momentum, this could lead to an increase in XRP prices. He expects that in the next 2-3 months, as demand begins to rise, significant price changes will be observed.

Vincent Van Code's analysis indicates that the current stability of XRP's price is more related to demand infrastructure than legal issues. Growing adoption of Ripple's technology is expected to impact price fluctuations in the near future.

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