- Despite Ripple’s legal wins and expansion, XRP remains stuck around $2 due to investor concerns like regulatory uncertainty, oversupply, and market distractions.
- Engineer Vincent Van Code believes these are just perceptions, and XRP’s true value will emerge over time.
Despite courtroom victories and Ripple’s global expansion, XRP’s price remains stubbornly flat around the $2 mark, leaving investors scratching their heads. Over the past month, XRP has dipped 10%, and it’s down a steep 36% in the last three months. Now, respected XRP community software engineer Vincent Van Code is weighing in with a breakdown of what he believes is behind the asset’s frustrating stagnation.
Van Code outlined seven key investor perceptions he says are holding XRP back—despite strong fundamentals.
Also read: Ripple CEO Shuts Down IPO Buzz: “We’re Building, Not Begging
1. Lingering Legal Uncertainty
Although Ripple won a key victory over the SEC, the case isn’t fully closed. The reduced fine proposal and lifting of the XRP sales ban await Judge Analisa Torres’ final sign-off. Some legal watchers even warn the case could drag on into 2027 if the judge rejects the deal.
2. Global Market Distractions
From trade tensions to Bitcoin’s dominance, Van Code says XRP is being sidelined. More companies are also embracing stablecoins—XRP’s main competition in cross-border payments.
3. Oversupply and Escrow Releases
With 58 billion XRP in circulation and Ripple regularly releasing more from escrow, sell pressure remains high, weighing down price growth.
4. Ripple’s Stablecoin Focus
The engineer flagged that new ventures like Ripple’s RLUSD stablecoin—despite its integration with XRP—may not directly boost XRP’s price.
5. Transparency Concerns
Some investors remain uneasy about Ripple’s internal dealings, dampening long-term confidence.
6. Quick Profit-Taking Culture
Van Code points to a crypto culture of cashing out on 5–10% gains. That short-term mindset weakens buying momentum.
7. Buyer Psychology
After years of sub-$1 trading, many investors find it hard to justify buying XRP at $2, regardless of improved fundamentals.
Still, Van Code remains bullish long-term. “These are just perceptions,” he said, not fundamental flaws. He believes XRP is a “buy it and store it away” kind of asset, and that Ripple’s progress will eventually be reflected in XRP’s price—just not overnight.
As the lawsuit winds down and the market shifts, XRP could be primed for a breakout. Until then, investor patience may be the real key to unlocking its potential.
