XRP Trades Sideways Amid Regulatory Support and Upgrade Progress

XRP is stuck in a tight range between $1.05 and $1.20 as traders weigh fragile technical signals against improving infrastructure upgrades and regulatory support.

The token is trading at $1.1032, with spot activity softened and market capitalization near $68.9 billion.

Technically, analysts are divided on whether the 200-day moving average (DMA) acts as a key support level or reversal threshold.

Despite consolidation, development on the XRP Ledger is accelerating, with the XRPL server software version 3.2.0 nearing completion and approximately 66% of validators already upgraded.