XRP has recently regained attention, showing a strong momentum at the beginning of the year. Institutional interest in the Ripple ecosystem is heating up, coupled with technical chart support, this asset is attracting more and more market participants.

However, the key issue now is in front of us—the price discovery mechanism is still in operation. The market is still digesting what the true valuation of XRP should be, and the ongoing battle between institutional deployment and retail participation continues. Whether this balance point can be found next will directly determine the subsequent direction.