Ripple Wins Full MiCA Approval in Europe as XRP Faces Pressure Below $1.10

XRP is stuck near the $1.10 mark, struggling to break past this resistance for the fourth day running. Despite seeming steady, the underlying forces affecting the token reveal a more complex picture. Ripples’ recent regulatory success is a big deal, but macroeconomic headwinds from the Federal Reserve are keeping XRP contained.

Regulatory Victory and On-Chain Trends

This week, Ripple secured full authorization under Europe's MiCA regulations as a Crypto-Asset Service Provider. This development opens doors for more institutional XRP payments flowing smoothly across the EU, marking a key moment for adoption. Meanwhile, data from Santiment shows notable accumulation by mid-tier XRP holders, those holding between 10,000 and 1 million tokens. These holders increased their combined stake to nearly 24% of the total supply since early July, signaling confidence among serious investors.

Perpetual futures open interest also remains high, hovering around 2.27 billion XRP. Such activity highlights sustained engagement in derivatives trading, just shy of this week's recent peak, demonstrating that traders are watching closely.

Federal Reserve’s Hawkish Stance Holds XRP Back

Despite Ripple’s regulatory gains, XRP price action is heavily influenced by the Federal Reserve's current monetary policy stance. Fed Chair Kevin Warsh recently emphasized the ongoing commitment to bring inflation down to the 2% target, maintaining rates between 3.50% and 3.75%. Warsh's hawkish remarks, insisting on no exceptions for price stability, sent risk-off signals across liquid assets, including cryptocurrencies.

This cautious sentiment from the Fed limits upside momentum for risk assets like XRP, capping price gains even as investor interest quietly builds. The on-chain growth among mid-tier holders contrasts with the technical ceiling XRP faces, reflecting a tug of war between bullish developments and macro restraint.

Ripple’s progress under MiCA could boost institutional flows over time, but the Federal Reserve’s tone for now remains a key barrier. The interplay of policy noise, technical resistance, and evolving investor behavior will determine XRP’s next moves in the near term.

The information provided here is for educational purposes and does not constitute financial advice.