XRP is trading sideways in today’s session, reflecting a broader hesitation among investors to commit to large positions without definitive news. The asset remains heavily influenced by the ongoing legal discourse surrounding its regulatory status in the United States. While there have been minor victories for Ripple in the past, the lack of a final resolution continues to act as a dampener on price discovery. Consequently, XRP has been oscillating within a narrow channel, frustrating momentum traders but providing accumulation opportunities for long-term believers in the cross-border payment narrative. Despite the lackluster price performance, on-chain metrics show a steady increase in the number of wallets holding XRP, indicating that retail interest remains intact. Ripple's continued efforts to forge partnerships with international financial institutions for On-Demand Liquidity (ODL) services provide a fundamental backbone to the token's value proposition. However, for a significant bullish breakout to occur, XRP requires a surge in volume and a decisive break above key psychological resistance levels. Until then, the market remains in a consolidation phase, with support levels being tested periodically by short-term bearish pressure.