XRP price has remained stuck in a tight range despite strong growth across its network. The cryptocurrency was trading around $1.42 on Sunday, down about 15 percent from its highest level this month.
The lack of price movement comes as the wider crypto market slows down. Bitcoin has stayed near $68,000 in recent weeks, while Ethereum remains below $2,000. This has caused many altcoins, including XRP, to move sideways.
Despite the price stagnation, XRP’s network activity is rising. Its real-world asset (RWA) tokenization ecosystem has grown rapidly. The total value locked in XRP’s RWA network jumped by 23 percent in the last 30 days, reaching more than $2 billion.
This milestone pushed XRP ahead of Solana, which currently holds about $1.7 billion in tokenized assets. XRP’s RWA value is also higher than other major networks like Polygon and Stellar.
The XRP Ledger has also introduced new features to support growth. Developers recently launched a Permissioned DEX, which allows companies to use decentralized finance while meeting regulatory requirements. This move could attract more institutions to the network.
Meanwhile, spot XRP exchange-traded funds are seeing steady inflows. These funds added over $48 million in assets this month, much higher than the $15 million added in January. In contrast, Bitcoin and Ethereum ETFs have seen asset outflows during the same period.
Technical indicators suggest XRP may remain under pressure. The token is trading below key resistance levels and major moving averages. Analysts say the next downside target could be around $1.12 if bearish momentum continues.
For now, XRP’s strong network growth has not translated into price gains. Investors appear cautious as the broader crypto market remains uncertain.
