Market Update

The highest engineer participates 7 reasons for the high price of XRP

The continuous stagnation of XRP continues to ask questions within the encryption community.

Despite the favorable legal results and the continuous Ripple expansion, XRP remained fixed at about $ 2. The original decreased by 10 % during the past month and 36 % in the past three months.

Meanwhile, Vincent Van Code, a well -known software engineer in the XRP community, I showed visions It is believed to lead the current market morale. Van Code has identified seven major reasons for investors who may maintain XRP price procedures.

7 common beliefs hinder xrp

The first in the list is an organizational uncertainty. While the Battle of Ripple with SEC is largely resolved, the possibility of repercussions and fines still keep institutional investors careful.

It is worth noting that the call is in the case Officially waiting. Interestists are now waiting for SEC to confirm a risk of Ripple and agree to lift the ban on institutional sales XRP. However, the final approval of this decision is still signed with Judge Analisa Torres.

Although optimism about a favorable favorable result, some legal experts believe that Judge Torres can still reject the proposal, and may return the case to the court and delay the decision until late in 2027.

The opposite winds in the global market

Beyond legal developments, Van Code believes Global trade tensionsBitcoin dominance, and stablecoins climbing turns attention from XRP. More companies now Axis Towards stablecoins for payment processing – the basic use of XRP.

Tokenomics Challenges

Van Code also referred to the 58 billion XRP symbols, along with Ripple’s monthly guarantee versions, as shareholders in continuous sale pressure.

In addition, he pointed out that modern developments, such as Hidden Road’s Finrra license approvalMore focused on the RLUSD RLUSD of XRP. He suggested that this means, at best, indirect benefits for XRP, as they burn RLUSD XRP transactions.

The engineer also highlighted the morale of the mixed market as another factor that hinders the price of XRP. Specifically, he indicated concerns about the Ripple transparency. VAN Code added that achieving excessive profit, especially after the $ 2 sign, has reduced the impact of the purchase pressure.

For example, frequent pumps and discharge diagrams in the encryption market in many investors have caused small gains from 5 to 10 % instead of keeping increased sale pressure and limiting price growth.

Jupiter Psychology

Moreover, Van Code pointed out that buyer psychology plays a role. After seeing the XRP trade at $ 0.5 for years, many investors are struggling to justify the purchase at prices more than $ 2, even if the basics improve.

“These are just perceptions”

Despite the inclusion of these challenges, Van Code stressed that nothing is not mainly close reasons for interrogating the long -term value of XRP.

According to him, XRP is a symbol “buy and store it away”, adding that Ripple will take years to think about the distinctive code price.

Ultimately, it hinted that with a SEC lawsuit mostly behind the market and favorable conditions that began to crystallize, the main developments may be just around the corner.

Included: This content is media and should not be considered a financial advice. The views expressed in this article may include the personal opinions of the author and do not reflect the basic opinion of encryption. Readers are encouraged to conduct comprehensive research before making any investment decisions. Crypto Basic is not responsible for any financial losses.

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