XRP Price Stagnant Despite Major Developments, Institutional Interest

Software engineer and cryptocurrency expert Vincent Van Code has expressed concern over the stagnant price of XRP despite several major developments that should theoretically boost investor confidence. In a post on X, he highlighted several key factors that have had little to no impact on the asset’s market value.

Van Code noted that XRP was mentioned first in a “strategic stockpile,” suggesting its importance in future financial frameworks. Additionally, he pointed out that over fifteen XRP-based exchange-traded funds (ETFs) have been filed, indicating institutional interest in the asset. “These big asset funds aren’t wrong,” he stated, referring to the level of research and strategic planning that typically precedes such filings.

Despite these significant developments, the market has shown little reaction. Van Code referenced a report from journalist Eleanor Terrett, who cited two close sources claiming the ongoing legal battle involving XRP was nearing its conclusion. “She hasn’t been wrong and never makes up ‘source,’” he stated, reinforcing the credibility of her information. The resolution of this case is expected to significantly impact XRP, yet the market has not reacted accordingly.

Developments in digital asset custody and stablecoins were also mentioned. Van Code pointed out that RLUSD and Ripple’s custody are positioned to become standard, particularly with new regulations around stablecoins. He also referenced the U.S. Office of the Comptroller of the Currency (OCC), which has confirmed that banks are permitted to run validators and custody of digital assets.

Despite these advancements, he criticized the market’s focus on speculation and unconventional theories. “But you go right on ahead and decrypt cartoon characters and Simpsons prophecies,” he remarked, implying that attention is being diverted from fundamental developments.

In response to Van Code’s observations, X user Rogue Trader shared his perspective, suggesting that major institutional investors may already be positioning themselves. “Do you think any of these ETF guys are waiting for approval to buy? These are big businesses, they started before they submitted.” He indicated that firms investing in ETFs likely began accumulating XRP well before filing, signaling long-term confidence in the asset.

Rogue Trader also emphasized XRP’s technological strength compared to other digital assets. “BTC has no pedigree or progression,” he commented, arguing that only a few cryptocurrencies have a clear technological advantage.

Van Code’s remarks reflect broader concerns about the disconnect between fundamental progress and XRP’s price action. Despite regulatory clarity, institutional adoption, and technological advancements, investor sentiment remains subdued. Whether this represents a delayed market response or continued skepticism toward XRP remains uncertain. However, the points raised suggest that major institutions may already position themselves, even if retail investors remain hesitant.