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XRP stays rangebound amid Ripple's EU license win and cross-chain expansion despite US policy uncertainty.

Market News
06 Aug 2026
Tokenpost
View Source
Neutral
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XRP's price remains stable between $1.04 and $1.10 as Ripple secures a key EU regulatory license, enabling institutional services across 30 European countries. The XRP Ledger also expanded interoperability with Axelar, allowing cross-chain asset transfers on over 80 blockchains, enhancing security and user experience. However, XRP faces near-term pressure from U.S. policy uncertainty and ETF outflows, with traders closely watching the potential impact of the Digital Asset Market Clarity Act. Ripple's regulatory progress in Europe and infrastructure upgrades position XRP for longer-term growth despite current market challenges.

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