Ripple is making big wins, but the price of XRP continues to fight for survival at $2

XRP remains deep in the red YTD.

Ripple continues its impressive 2025, having secured its first new major banking partnership in Europe and received conditional approval from the US OCC to charter a national trust bank.

Both developments were announced in less than 24 hours. However, the price of the underlying asset has not experienced any positive consequences and it remains difficult to stay above $2.00.

Ripple’s Latest Wins

CryptoPotato reported in late November that Ripple is having its best year ever, with massive acquisitions such as Hidden Road, the conclusion of its lawsuit against the US SEC, as well as the launch of numerous spot XRP ETFs. However, the cross-border token has fallen more than 40% since July’s all-time high of $3.65 and is underwater YTD.

As mentioned above, the company made two more major announcements on Friday that only build on its impressive 2025 performance. Initially, the company partnered with Swiss-based AMINA Bank, which will use its stablecoin to support near-real-time cross-border payments for customers using Ripple Payments.

Just a few hours later, Ripple CEO Brad Garlinghouse outlined “big news” for the company he leads, indicating that it had received conditional approval from the U.S. Office of the Comptroller of the Monetary Fund to establish a national trust bank. Ripple thus joined other digital asset-related companies, such as Circle, BitGo, Paxos and Fidelity, in obtaining such licenses.

No pump for XRP

Such important news usually has consequences for the underlying asset. However, this has not been the case with XRP lately. In the first month after the launch of the spot

Friday’s announcements also did not spark a recovery for XRP. In fact, the token fell below $2.00 again – for the second time in 36 hours – during the overall market-wide correction on Friday afternoon.

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While it has managed to regain that level and is now trading around $2.04, it is still down almost 20% over the past month. Furthermore, it has lost more than 40% of its value since its all-time high in July, while the company behind it continues to rack up new wins on several fronts.