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XRP trades near $1.34 amid cautious short-term outlook but growing demand from Ripple's payment use and US regulatory clarity.

Market News
31 May 2026
Tokenpost
View Source
Neutral
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XRP is trading around $1.34 with a slight short-term downside forecast despite steady growth in Ripple's On-Demand Liquidity (ODL) service, which processed over $15 billion in cross-border volume in 2024. Regulatory clarity in the US, including the SEC and CFTC classifying XRP as a commodity and the Senate Banking Committee advancing the CLARITY Act, is reducing legal risks and encouraging institutional interest, evidenced by $1.41 billion inflows into XRP ETFs. While short-term technical models suggest mild price weakness, the expanding utility of XRP in payments and ongoing institutional pilots signal potential for medium-term market gains. Investors are watching US legislation and adoption progress for XRP's next major price move.

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