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Ripple's federal banking charter bid leaves XRP stagnant at $1.30

Original: Ripple securing a federal banking charter left $XRP stagnant at $1.30 as utility anchors strictly to RLUSD. Institutiona

Ripple's pursuit of a federal banking charter has not lifted XRP, which remains flat around $1.30. Analysts note the company's utility is increasingly anchored to its RLUSD stablecoin rather than the native token, with institutional custody growth decoupling Ripple's corporate value from demand for XRP itself.

Why now: Investors are questioning why Ripple's institutional progress is not translating into XRP price gains

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Evidence

• Ripple securing a federal banking charter left $XRP stagnant at $1.30 as utility anchors strictly to RLUSD. Institutional custody growth now decouples corporate equity from native token demand. # Ripple # XRP # Crypto 👉 Read Full Report: https:// coin24.news/posts/ripple-bank-… · coinwire

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