XRP continues to trade under pressure as broader crypto market weakness weighs on sentiment. The token remains in a short-term downtrend, driven partly by macro bearishness and partly by lingering investor skepticism.
Despite this, Ripple’s operational progress continues, offering potential long-term support for XRP price stability and recovery.
Ripple recently confirmed that its U.S. dollar-backed stablecoin, RLUSD, has been listed on Binance. The listing expands RLUSD’s visibility and accessibility, which is critical as stablecoin adoption accelerates across global markets. Increased usage typically strengthens the issuing ecosystem’s relevance within digital payments and settlement infrastructure.
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Although RLUSD currently operates on the Ethereum network, future expansion to the XRP Ledger could be significant. Integration with XRPL would increase on-chain utility, transaction demand, and network activity. This development positions Ripple to benefit from tokenization and cross-border settlement growth, indirectly supporting XRP’s fundamental outlook.
Despite these advances, XRP holders remain cautious. On-chain data shows net realized profit and loss turning negative in recent sessions. Investors are selling XRP below their acquisition price, a behavior often linked to fear of further downside rather than confidence in near-term recovery.
This loss realization reflects hesitation among retail participants. Persistent selling into weakness can slow momentum shifts, even when fundamentals improve. Until investor confidence stabilizes, XRP may struggle to translate Ripple’s ecosystem progress into immediate price appreciation.
Large Wallets Are Still Bullish On XRP
Institutional behavior offers a contrasting signal. For the week ending January 16, XRP recorded $69.5 million in institutional inflows. Month-to-date inflows reached $108.1 million, despite XRP remaining in a downtrend. Such consistency suggests larger investors maintain long-term conviction.