Ripple’s XRP token remains resilient near $1 amid competition from its new stablecoin and lack of smart contract support.
XRP (CRYPTO: XRP) has maintained a price above $1 this year despite mounting bearish pressures. The token, with a total supply of 100 billion, faces competition from Ripple’s new stablecoin, Ripple USD (CRYPTO: RLUSD), which offers similar utility with less volatility.
XRP’s value is not driven by scarcity like Bitcoin, and its ledger lacks native smart contract support, limiting its appeal to developers. The token also lost momentum after the SEC’s lawsuit against Ripple concluded in 2025, with no clear catalysts emerging since.
Despite these challenges, XRP briefly rallied above $3 post-lawsuit before settling near $1 as broader crypto markets cooled. Its resilience contrasts with its fundamentals, leaving traders uncertain about its long-term prospects.