Despite a series of legal wins and increasing institutional interest, XRP's price has remained stable. It is currently trading around $2.22, facing challenges in gaining momentum.
Reasons for XRP's Price Stagnation
Vincent Van Code, a respected software engineer and well-known figure in the XRP community, explains the lack of recent price movement by pointing to a significant legal milestone reached in July 2023, when Judge Analisa Torres declared that XRP does not qualify as a security on secondary markets. This legal clarity triggered a strong market reaction, with XRP briefly reaching $3.40 in January 2025. Van Code suggests that many investors had invested in anticipation of a favorable ruling, leading to a premature realization of market outcomes.
Institutional Integration as a Key to Growth
While legal uncertainty has largely been addressed, Van Code believes the primary limiting factor for XRP's price growth is the slow implementation of real-world utility. He emphasizes that broader adoption of Ripple's On-Demand Liquidity (ODL) service by financial institutions will be the main driver of the next price surge. Many institutions are still in early or confidential stages of integrating Ripple's technology. Van Code states that enterprise deployment in a regulated setting typically requires 18 to 24 months.
Rally Expected in 2025
Van Code projects that XRP could experience its next significant rally within the next two to three months, specifically pointing to the period between August and September 2025. However, he declined to provide a specific price target due to various market dependencies. XRP has shown modest movement, currently priced at $2.22, representing a nearly 10% gain over the past week.
Despite the optimism within the community, Van Code concludes that price appreciation is more likely to follow tangible adoption milestones rather than legal developments already reflected in market valuation.