Right now, the world is watching the Strait of Hormuz, but in the middle of this uncertainty, XRP is gaining attention as one of the most stable assets out there. Meme coins like Dogecoin and Shiba Inu are in trouble, with a lot of small investors pulling out. XRP, on the other hand, is riding a wave of support from bigger, institutional players.
On Thursday, April 23, 2026, XRP is priced at ₹133.98 ($1.44). This jump follows the recent ceasefire extension, which brought fresh optimism and helped the crypto market recover. People are talking about a “Risk-On” mood returning, and XRP is right in the middle of it.
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Ceasefire Breakout: XRP Hits $1.45
XRP has been one of the best performers after the blockade ended. Since the ceasefire between the U.S. and Iran got extended earlier this week, XRP climbed over 8.5%. Now, buyers are pushing hard to turn the $1.45 (₹120) level from resistance into support.
There’s a big shift here. While coins popular with small investors have been shaky, XRP sees huge backing from Wall Street. In the week ending April 18, XRP exchange-traded funds (ETFs) collected $55 million in fresh investment the biggest inflow of this year so far. Even Goldman Sachs is in on the action, holding a large chunk of spot XRP as part of its digital asset strategy.
Life After the SEC: A New Chapter
One reason behind XRP’s stability is the end of a long legal struggle. After settling with the SEC in late 2025, where Ripple paid a reduced penalty of $50 million, the cloud of uncertainty is gone. This week, Ripple CEO Brad Garlinghouse had good words for SEC’s new approach. Under Paul Atkins, the SEC is pushing for clearer rules and easier compliance in 2026. Banks, which used to sit out because of all the legal drama, finally feel confident using XRP.
Ripple’s Stablecoin: RLUSD
Another big driver for Ripple lately is RLUSD, their very own stablecoin. Ripple is testing RLUSD for direct card payments with major partners, including Mastercard and Convera. With banking troubles in the Middle East due to the conflict, Ripple is speeding up its rollout in Japan through a deal with SBI Holdings. RLUSD is also gaining traction as collateral in big financial trades, thanks to LMAX Group, helping banks settle massive deals.
Technical Outlook: “Coiled Spring”
Technical experts describe XRP’s price movement right now as a “coiled spring.” The next key resistance is the 100-day EMA at $1.54 a mark everyone’s watching. If XRP closes above $1.55, analysts say the price could quickly soar towards $1.90 (₹158). The MACD indicator just showed a “Bullish Cross” for the first time since January, meaning the trend looks solidly upward.
Summary: Ripple Sets Itself Apart in 2026
A few years ago, XRP would have crashed just like other altcoins during a geopolitical crisis. This time, its story is different. Thanks to its use for instant cross-border payments, XRP actually becomes more valuable when traditional shipping and banking are disrupted, like what’s happening now with the Strait of Hormuz.
The Bottom Line
If the ceasefire holds through the weekend, XRP could spark the next big crypto rally. It’s not just another token caught in legal trouble it’s powering the backbone of the new global economy.
