XRP Holds Near $1.04 After Regulatory Win

The disconnect is especially notable given the growing use of the XRP Ledger in real-world asset tokenization, where activity has climbed to about $4 billion. That should, in theory, strengthen the long-term investment case by tying XRP more closely to on-chain settlement and institutional use cases. But the market is not treating that growth as immediately earnings-like or fee-like in the way equity investors might reward a payments company. Instead, XRP’s price action implies that tokenization headlines are still competing with a much simpler question: whether there is enough sustained demand to break the downtrend.

Technical signals remain weak. XRP is trading below its 50-day average of $1.09 and well under the 200-day average of $1.33, while the RSI at 33.2 shows the token is still hovering near oversold territory without yet confirming a durable rebound. The MACD remains slightly negative, reinforcing the view that downside pressure has eased but not reversed. For traders, that leaves $1.05 as the key line in the sand: a break below it could invite another leg of selling, while a recovery above the short-term trend would need follow-through volume to matter.

The regulatory backdrop is still important. Any fresh legal or policy clarity around Ripple improves the odds that exchanges, institutions and payment firms can engage with XRP-related infrastructure without the same overhang that has dogged the token for years. That matters economically because regulation has been one of the biggest constraints on capital formation in digital assets, especially for products tied to cross-border payments and tokenized assets. But the market’s lack of enthusiasm also shows that legal risk is only one part of the valuation equation. Adoption, liquidity, network activity and confidence in the token’s role all have to align before investors are willing to pay up.

That helps explain why XRP is lagging even as bitcoin steadies around $64,548 and Coinbase shares hold well above their recent lows. Bitcoin remains the cleaner macro crypto trade, while Coinbase is more directly leveraged to trading activity and market volatility. XRP, by contrast, is still trying to prove that regulatory victories can translate into durable economic utility. Until then, the token is likely to remain more sensitive to technical support than to courtroom wins.

For investors, the near-term question is whether Ripple’s regulatory momentum can eventually feed into broader exchange access, institutional adoption and clearer token economics. If it does, XRP could re-rate from a litigation-driven asset to one tied to payments and settlement infrastructure. If not, each legal headline may keep producing the same response: brief attention, limited price reaction and a market that still wants proof, not promises.