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Ripple's 300+ partners mostly use software, not XRP token, explaining XRP's stagnant price despite Ripple's growth.

Market News
29 Jun 2026
Crypto news
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Neutral
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Ripple has over 300 institutional partners, but about 60% use only its messaging and payment software without involving the XRP token. Only around 40% use On-Demand Liquidity (ODL), which requires XRP, and even then, banks rarely hold XRP directly as licensed exchanges handle token transactions. This explains why XRP's price remains near $1 despite Ripple's corporate success. For XRP's price to rise, the share of ODL users and transaction volumes must grow, alongside demand from ETFs and regulatory clarity.

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