XRP's price has been under pressure, trading at $2.30 with a weekly decline of 25%. Selling pressure on XRP is due to Ripple Labs routinely selling a portion of their XRP holdings. The uncertainty surrounding the SEC's appeal plans in the Ripple case also weighs on the token's performance. If the SEC withdraws its appeal, XRP could potentially rally beyond $3, but if the appeal moves forward, XRP may face additional selling pressure. Some analysts predict a 40% upward move for XRP in the near future, but caution that the current market price offers limited upside. The approval of an XRP ETF could be a major catalyst for the coin. However, unlike Bitcoin and Ethereum ETFs, XRP does not have an established CME futures market, which is a key criterion for SEC approval. Potential long-term catalysts for XRP include the growth of the XRP Ledger and the adoption of RLUSD to enhance its utility. The possibility of XRP being included in Trump's digital asset stockpile is also being watched.



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