So yesterday I saw an interesting discussion about XRP and Ripple on the timeline - why is the price still under pressure even though the infrastructure being built is already very solid. Now XRP is trading at $1.43, still far from the ATH of $3.65 reached a year ago.

What’s interesting is the quite stark contrast between what Ripple is building behind the scenes versus what the market is reflecting. According to analysis from several crypto experts, Ripple has already accumulated more than 75 regulatory licenses in major financial markets worldwide. For context, obtaining half of those licenses from scratch takes 8-12 years of hard work plus hundreds of millions of dollars for compliance and legal resources. Basically, the super heavy development phase is already over.

Just look at Ripple’s compliance footprint - they have licenses in Europe, the UK, Asia-Pacific, the Middle East, and North America. In the UK, they have obtained an Electronic Money Institution license from FCA. In Europe, Ripple has full approval for an EMI license in Luxembourg with passport rights that allow operations in all 27 EU countries with a single authorization.

The most significant might be on the US side - DTCC (which is basically the backbone of the entire US securities market) added Hidden Road Partners, the prime brokerage arm bought by Ripple for $1.25 billion, with operational clearing credentials. Moreover, DTCC even filed a patent last year explicitly mentioning Ripple and XRP as infrastructure compatible with their financial tokenization framework.

But yeah, the XRP price is still on a different path. It’s currently struggling to break through $1.40, with repeated rejections around the $1.30 area. It seems the market has not fully priced in all these advances. The problem is that infrastructure alone doesn’t automatically translate into price appreciation unless it drives clear and consistent demand for the asset itself.

Additionally, the overall crypto market experienced capital outflows in February-March 2026, largely due to trading tariffs and geopolitical pressures. Only in the past few days has inflow started to slowly return.

What could be a game changer is the Senate Banking Committee hearing on the CLARITY Act scheduled for the second half of April 2026. If this bill passes, XRP will be permanently classified as a digital commodity under federal law. That could open the door for billions of dollars in ETF inflows. If that happens, the market will finally start to value what Ripple has built all along. Worth watching.