Let's talk about an interesting phenomenon -

In the top ten cryptocurrencies, there is a project that is particularly "unconventional":

It was ridiculed for being technologically old.
It was complained that the increase was touching.
It was questioned that it was long overdue.

But the strange thing is that XRP has gone through multiple cycles of baptism from 2013 to the present, and its position is still as stable as nailed to the list.

Why?

The answer lies in its underlying logic - XRP is not driven by retail sentiment at all, it plays a different set of rules of the game:

Connector of global banking networks, participant in cross-border payment systems, potential alternative to the SWIFT system.

While other currencies chase hot spots, speculate on narratives, and fight for communities, XRP takes a completely different path: compliance first, institutional endorsement, and infrastructure layout.

Today, dismantling this "veteran" from several dimensions, you will find -

XRP is really not sexy, but it has the most beat-up chassis in the entire industry. It is not its turn to get rich, and it cannot be found even if it dies violently.

**(1) Why is XRP's price curve "stable" uncomfortably? **

**Because the pricing power is not in the hands of retail investors**

Let's take a look at the key data:

XRP Token is highly concentrated in the top 100 holding addresses.
Long-term holders rarely participate in short-term games.
Bear market crash? Don't follow. The bull market is rising? No pursuit.

This position structure directly leads to:

It won't skyrocket due to FOMO, nor will it plummet due to panic.

The typical institutional-level asset trend characteristics are completely different from those SOL and SUI that rely on hot money to drive, not to mention the pure emotional roller coaster of MEME.