XRP Holds Below $1.20 as Ripple's Regulatory Triumph Meets Token-Specific Skepticism
Veröffentlicht: 07.07.2026 um 19:25 Uhr, Redaktion boerse-global.de
Ripple’s long-awaited full regulatory approval in Europe arrived on July 6, yet the market response was notably muted. The token slipped 2.36% to $1.13 on the day, with some sources recording a steeper intraday drop of 3.22% to $1.12 — a sign that institutional milestones do not always translate into immediate demand for the asset itself. Over the week, XRP still managed a 6.86% gain, while its monthly performance stands at 2.45%. At a market capitalisation of roughly $77 billion, it remains the sixth-largest cryptocurrency globally.
The Luxembourg financial regulator CSSF awarded Ripple a Crypto Asset Service Provider (CASP) licence, granting the company MiCA-compliant status across all 30 countries of the European Economic Area. This comes just days after the full enforcement of MiCA on July 1, placing Ripple among a select group of firms with a pan-European regulatory passport. Cassie Craddock, Ripple’s managing director for the UK and Europe, noted that European institutions are actively seeking regulated partners for digital assets — a demand the company can now officially meet. Combined with its existing Electronic Money Institution (EMI) licence, Ripple now holds over 75 regulatory approvals worldwide.
Yet analysts pointed to a structural gap in the narrative. The licence primarily facilitates Ripple’s own stablecoin RLUSD and its payments infrastructure, rather than generating direct demand for XRP itself. This disconnect helps explain why the token failed to rally on what is arguably one of the most significant regulatory wins in the crypto space this year.
Institutional interest in XRP, however, continues to build on a separate track. Spot XRP exchange-traded funds recorded net inflows for a ninth consecutive week, pushing cumulative inflows to nearly $1.49 billion. On July 2 alone, $6.55 million entered the products, with the Bitwise XRP ETF capturing the bulk of that capital. The persistent ETF demand suggests that professional investors are betting on XRP’s long-term role, even if spot traders remain hesitant.
Should investors sell immediately? Or is it worth buying XRP?
On-chain data tells a more nuanced story. Net exchange outflows totalled $30.38 million over the past seven days and $147.5 million over the past month — a pattern typically associated with accumulation and reduced selling pressure. At the same time, a market analysis warned of elevated liquidation risk from long positions built up across several major cryptocurrencies, including XRP. This mixed signalling has left traders watching the $1.14-to-$1.18 zone as the immediate resistance hurdle; a decisive daily close above $1.20 on rising volume would confirm a return of buying momentum. Support sits between $1.00 and $1.10, a zone that has held since XRP touched a 52-week low of $1.01 on June 26. The token remains nearly 70% below its cycle high of $3.65 from July 2025.
Ripple’s broader expansion continues beyond Europe. In Japan, SBI VC Trade — the crypto arm of SBI Holdings — reported on July 6 that it now has over two million registered accounts, driven in part by Japanese corporations adding XRP and Bitcoin to their treasuries as shareholder rewards. The weak yen has accelerated this trend. Separately, Ripple launched the XRP Ledger AI Starter Kit on the same day, enabling autonomous software agents to settle payments in XRP and RLUSD via the open machine-to-machine standard x402.
The regulatory picture in the United States remains incomplete. The CLARITY Act, which would provide a comprehensive framework for cryptocurrencies, missed a planned Senate vote on July 4. A hearing scheduled for July 17 in New York is expected to shed light on the timeline, with a new target date of August 7 — the Senate’s last working day before the summer recess. Support for the bill came on July 1 from the National Organization of Black Law Enforcement Executives, which endorsed its anti-money laundering and consumer protection provisions.
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South Korea’s retail investors, meanwhile, showed no lack of enthusiasm. On the Upbit exchange, XRP reclaimed the top spot on July 7 with $52.33 million in 24-hour trading volume, outpacing both Bitcoin and Ether. That vibrancy has yet to translate into a sustained price breakout, leaving XRP in a holding pattern as the market awaits the next catalyst — whether from the CLARITY Act hearing, further institutional accumulation, or a shift in the broader risk appetite that has kept the token pinned below $1.20.
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