Ripple (XRP) remained stuck near the $1.10 mark on Thursday, underscoring how the market’s appetite for a post-lawsuit rebound has faded even as regulatory uncertainty has eased. The token was last changing hands at $1.1067, up 0.99% over 24 hours but down 24.23% over the past 60 days, reflecting persistent medium-term weakness despite pockets of short-term stability.
Regulatory relief has reduced the overhang from the long-running Ripple-SEC dispute, with outcomes viewed as broadly favorable to Ripple and a diminished regulatory risk premium. That shift has helped ease one of the main catalysts for XRP’s price strength, though it has not generated an immediate rebound in value.
Market focus has shifted away from courtroom catalysts toward the need for clearer traction in real-world usage, growth in RippleNet transaction throughput, and a broader DeFi footprint on the XRP Ledger. Investors appear to be digesting the news rather than pricing in a swift rebound.
The mix of on-chain activity and liquidity remains limited, with central venues driving most trading. DEX volumes account for a small share of XRP activity, and XRPL-native DeFi has not yet attracted substantial liquidity compared with larger smart-contract platforms. The expectation remains that deeper on-chain markets, lending, liquidity provision, and composable applications could bolster demand, but these areas have yet to gain traction relative to XRP’s market capitalization.
Proponents argue XRP’s most persistent long-term narrative is its role in payments. XRP is frequently cited as an asset supporting ISO 20022 messaging, a global framework for richer, standardized transaction data, and bulls frame that compatibility as a pathway for XRP to function as a “bridge asset” in cross-border settlement flows. However, the timeline and scale of that opportunity remain difficult to quantify without clearer evidence of sustained enterprise usage.
In the near term, the market appears to be in a “post-news digestion” phase: removing a major regulatory overhang has not directly translated into renewed upside. Investors appear to be waiting for clearer traction in real-world payments usage, greater XRPL on-chain activity, or new institutional catalysts before building large new positions.
