- XRP is trading around $2.20 after regulatory clarity helped it recover from past setbacks, but further gains depend on new catalysts.
- While adoption and ETF approvals could lift its price, reaching $4 remains uncertain due to supply and valuation challenges.
XRP’s price is hovering around $2.20 at press time after a sharp 30% pullback from its 52-week high of $3.40. This recent correction has sparked renewed debate among crypto investors: should you buy XRP while it’s still under $4?
XRP’s Regulatory Road Clears, But Questions Remain
Much of XRP’s recent rally was driven by fading regulatory threats. The 2023 court ruling that XRP is not an unlicensed security led to its relisting on major exchanges. Although the SEC has appealed the ruling, signs suggest the agency may drop the case altogether. That decision alone could attract institutional adoption and ease market concerns.
Moreover, Ripple has made moves that hint at broader adoption. Its bid for a U.S. banking license and partnerships with central banks signal growing utility for XRP as a bridge currency, especially in high-remittance markets like India and the Philippines.
XRP ETFs, Ecosystem Expansion, and the Push to $4
The relaunch of the Grayscale XRP Trust and applications for new XRP ETFs show growing investor interest. If the SEC greenlights any XRP-based ETFs, it could invite a wave of new institutional and retail capital.
Developers are also working to modernize the XRP Ledger by enabling lightweight smart contracts and Ethereum-compatible sidechains. While not on par with Ethereum’s ecosystem, these upgrades hint at future support for decentralized apps, potentially boosting XRP’s long-term value.
Is $4 Realistic or Out of Reach?
Despite optimism, XRP still faces significant hurdles. The token remains over 40% below its 2018 all-time high of $3.84. Reaching $4 would require a 75% price jump, pushing its market cap to nearly $235 billion—close to Ethereum’s valuation.
With 59 billion XRP still in circulation and limited supply reduction mechanisms, its upside may be capped unless major adoption occurs. Analysts suggest XRP could stabilize around $3, but crossing $4 will likely take time and a combination of catalysts firing together.
While XRP’s downside risk seems limited at current levels, the upside to $4 or beyond remains uncertain. Investors looking for rapid gains may want to watch from the sidelines, while long-term believers might see today’s price as a discounted entry point—if they have patience.
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