February 3 News, XRP, after experiencing months of decline, recently hit a two-year low of around $1.50. It then experienced a technical rebound, with the price rising to approximately $1.61, up more than 2% intraday. Despite this, XRP has still fallen about 15% over the past 7 days, with a 30-day decline exceeding 20%. Market sentiment remains cautious, and 24-hour trading volume has also seen a significant decrease.
This rebound was driven by multiple positive factors rather than a single cause. On a macro level, the overall market capitalization of cryptocurrencies slightly recovered after reaching a recent low, helping mainstream coins stabilize. Bitcoin and Ethereum also experienced short-term recovery, providing emotional support for XRP.
More crucially, two strategic developments within the Ripple ecosystem have provided additional momentum. First, Ripple has obtained a full EMI license issued by Luxembourg, meaning the company can offer compliant payment services across the entire European Union. This will enhance the practical application scenarios of XRP and related stablecoins in cross-border payments. Second, Ripple has partnered with DCX Technology to integrate XRP into banking core systems, enabling financial institutions to directly use the asset for payments and settlements, further strengthening XRP’s position as an “enterprise-grade payment token.”
From a market structure perspective, continuous declines have cleared out many short-term positions, with some funds beginning to attempt positioning at lower levels. Although the current rebound remains limited, under the combined influence of regulatory compliance, real-world applications, and improving industry sentiment, XRP may continue to maintain a sideways recovery pattern in the short term. For investors, the reasons behind XRP’s price rebound, Ripple’s compliance progress, and XRP’s cross-border payment applications will remain important references for judging future trends.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ripple CEO praises SEC’s new direction, and U.S. crypto regulation enters a reset mode
Ripple CEO Brad Garlinghouse publicly praised the regulatory shift driven by the newly appointed Securities and Exchange Commission (SEC) chair, Paul Atkins, on April 20, describing it as “a refreshing breath of sanity that helps people regain their composure.” Garlinghouse viewed the SEC’s policy pivot as the key driver behind an improvement in sentiment across the U.S. crypto market.
MarketWhisper1h ago
SoFi Adds XRP Deposits, Ripple: Broader Access Drives Practical Growth
American fintech company SoFi Technologies announced on April 21 that it would add XRP deposit services to its platform, bringing this digital asset into the national chartered bank environment overseen by the Office of the Comptroller of the Currency (OCC). SoFi currently supports trading of 27 cryptocurrencies and offers a range of crypto deposit features. Ripple says this is the path to real utility-driven growth.
MarketWhisper2h ago
SoFi Enables XRP Deposits but Restricts Withdrawals, Drawing User Criticism
Gate News message, April 21 — SoFi announced that its crypto business now supports XRP deposits, but the platform currently does not allow withdrawals to external wallets. Users can only hold or trade XRP within the platform and cannot transfer tokens to on-chain wallets.
Some users criticized the
GateNews6h ago
XRP Price Near $1.45 as ETF Inflows Build Pressure
Key Insights
Institutional XRP ETF inflows reached $41.6 million over four days, lifting assets under management above $1.08 billion and strengthening market confidence.
XRP faces strong resistance near $1.45, where CoinGlass data highlights a short max
CryptoNewsLand10h ago
XRP Expands to Solana as wXRP Drives DeFi Access
Key Insights
Wrapped XRP on Solana surpasses 834,000 tokens, enabling new DeFi access while strengthening cross-chain liquidity and expanding XRP utility beyond its native ledger.
Ethereum and Solana dominate DeFi activity, while XRP Ledger trails significantly, driving the need for
CryptoNewsLand10h ago
XRP Expands to Solana as wXRP Drives DeFi Access
Key Insights
Wrapped XRP on Solana surpasses 834,000 tokens, enabling new DeFi access while strengthening cross-chain liquidity and expanding XRP utility beyond its native ledger.
Ethereum and Solana dominate DeFi activity, while XRP Ledger trails significantly, driving the need for
CryptoNewsLand10h ago
