The price of XRP, the cryptocurrency and digital payment system, has remained stagnant despite growing interest from banks and financial organizations.
One potential reason for the lack of price growth is Ripple's usage of a private ledger for institutional transactions, which may be concealing the true value of XRP.
It is speculated that a merger between the private ledger and the public XRP ledger could take place later this year, potentially increasing the value of XRP.
Other factors impacting XRP's price include market sentiment, liquidity challenges, and the continued adoption of Ripple's settlement technology by major banks.