Despite Ripple's string of significant announcements, including partnerships with major European banks and conditional approval from the U.S. Office of the Comptroller of the Currency (OCC), its asset price remains sluggish. Despite the recent launch of an ETF and positive news, XRP has fallen more than 40% from its July high.
This Friday, Ripple made two significant announcements in one day. First, it announced a partnership with Swiss-based AMINA Bank to launch a real-time cross-border payments service utilizing Ripple's stablecoin. Next, it received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a "National Trust Bank." This puts Ripple alongside established cryptocurrency and financial companies like Circle, Paxos, BitGo, and Fidelity in the institutional infrastructure.
However, this announcement has not directly positively impacted the XRP price. Coinciding with the overall market correction that afternoon, XRP briefly fell below $2 (approximately 2,955 won), marking its second decline in 36 hours. It subsequently rebounded slightly and is currently trading at $2.04 (approximately 3,015 won). However, this represents a nearly 20% drop over the past month and represents a loss of over 40% compared to its July high of $3.65 (approximately 5,393 won).
The highly anticipated listing of an XRP spot ETF in the US failed to trigger a price rebound. While approximately $1 billion (approximately KRW 1.4775 trillion) flowed in during the first month of listing, XRP's price fell from $2.50 (approximately KRW 3,694) to around $2 today. This is interpreted as a signal that while an ETF listing increases investment accessibility and liquidity, it does not directly lead to a price increase.
Despite the bearish XRP price trend, Ripple itself is considered to be achieving its best performance and results since 2025. According to industry reports released in late November, Ripple is effectively achieving its "best ever" performance, with successive successes including the Hidden Road acquisition, the settlement of a lawsuit with the U.S. Securities and Exchange Commission (SEC), and the launch of an XRP ETF.
Ultimately, the market's attention is focused on the discrepancy between these "fundamental improvements" and "price declines." This case once again demonstrates that positive factors in the cryptocurrency market, such as technological advancements, partnerships, or ETFs, do not necessarily align with short-term price movements.
๐ Market Interpretation
While Ripple has achieved success in both gaining institutional approval and expanding bank partnerships, XRP continues to struggle. Despite strong fundamentals, market sentiment and supply/demand factors are having a greater impact on its price.
๐ก Strategy Points
From a long-term perspective, it's important to focus on projects that are steadily building technological and institutional infrastructure. ETF listings, bank partnerships, and regulatory approvals are more beneficial indicators of medium- to long-term trust than short-term price movements.
๐ Glossary
National Trust Bank: A specialized type of bank in the United States whose primary business is asset custody and management. It provides a foundation for managing digital assets within an institutional framework.
- Stablecoin: A digital asset pegged to fiat currency (such as the dollar) that provides stability in payments and remittances.
- XRP ETF: A financial product based on XRP spot listed in the United States, accessible to general investors without a cryptocurrency wallet.
๐ก Want to know more? AI-prepared questions for you:
A. Ripple is a financial infrastructure company that makes cross-border remittances faster and cheaper, and XRP is a digital asset (coin) used in the Ripple ecosystem. Ripple is expanding its business by partnering with banks and fintech companies and receiving regulatory approval, and XRP is an asset that investors buy and sell on exchanges, so its price fluctuates frequently. In the article, the phrase "Ripple is doing well" mainly refers to the company's business performance, while the phrase "XRP price has fallen" refers to its price as an investment asset. Therefore, while the two are linked, they do not always move in the same direction.
A. The article reports that Ripple has partnered with Swiss-based AMINA Bank to offer near-real-time cross-border remittances using Ripple's stablecoin. Stablecoins are designed to have a stable price, pegged to fiat currencies like the US dollar, making them ideal for remittances and payments. This partnership signals Ripple's expansion into an infrastructure company within traditional finance, as it marks the first time a European bank has fully adopted Ripple's technology and stablecoins into its financial services.
A. The U.S. OCC, a financial regulatory agency that licenses and supervises banks, has granted Ripple conditional approval to establish a "national trust bank." A national trust bank is a specialized type of bank that serves as a custodian and manager of customer assets. This opens the way for Ripple to store digital assets and provide payment infrastructure within a more institutional framework. Other cryptocurrency and financial companies, such as Circle, BitGo, Paxos, and Fidelity, have already received similar approvals, so Ripple's inclusion within the same regulatory framework further strengthens its connection to institutional finance.
A. Looking only at the article, Ripple has been receiving a series of positive news, including expanded banking partnerships, the conclusion of a regulatory lawsuit, the launch of a spot ETF in the US, and the approval of a national trust bank. However, the price of XRP has fallen more than 40% from its July high of around $3.65, currently hovering around $2. This situation can be seen as a classic example of "good news and prices do not necessarily move together," a common phenomenon in the cryptocurrency market. It shows that multiple factors can simultaneously work, such as an overall market correction, short-term profit-taking, changes in investor sentiment, and the perception that news is already priced in. Even with individual positive news, prices can easily move in the opposite direction depending on supply and demand and market sentiment at the time.
A. The XRP spot ETF is a financial product that allows you to buy and sell products linked to the price of XRP through a securities account, just like stocks, making it more accessible to both institutional and individual investors without the need for complicated coin wallets. According to the article, in the first month of the XRP spot ETF's launch in the U.S., nearly $1 billion was invested, but the price of XRP still fell from $2.50 to around $2. This can be understood as an example that shows that while an ETF listing expands "channels for interest and capital inflow," ETF capital inflow alone does not guarantee a price increase, and that it is also influenced by the overall market direction and selling volume at the same time.
TP AI Precautions
This article was summarized using a TokenPost.ai-based language model. Key points in the text may be omitted or inaccurate.
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