XRP continues to trade around $2 over the past five months despite previously positive legal news.
Price Expectations for XRP
In recent months, XRP has been observed fluctuating around $2, which has surprised investors who had anticipated further gains following positive legal developments. The cryptocurrency reached $3.40 in January 2025 but has since stabilized.
Legal Clarity and Its Impact
Judge Analisa Torres' ruling in July 2023 was a pivotal moment that established XRP's status as a non-security in secondary markets. This legal clarity, according to many market participants, has already been reflected in the current XRP prices. Vincent Van Code, an analyst from the XRP community, believes that the primary reason for the current price stagnation is timing factors rather than fundamental weaknesses.
XRP's Prospects for Institutional Partnerships
The next price surge for XRP is expected when financial institutions announce partnerships with Ripple and implement ODL technology for cross-border payments. Van Code points to a lack of prepared infrastructure as the main barrier to growth. He notes that institutions typically require significant preparation time before launch.
Thus, despite legal achievements, XRP faces challenges in terms of infrastructure shortages and expectations for institutional partnerships. Growth prospects remain dependent on these factors.