XRP Adoption Surges but Price Stagnates Amid Technical Resistance

XRP's adoption by major brands like Subway and Travelex has been a significant development in recent months. However, despite this growth, the token's spot price has not shown any substantial increase. One reason for this is the technical resistance that XRP faces, with analysts identifying $1.46 as a critical near-term resistance level.

Furthermore, broader macro headwinds have also contributed to the bearish trend in XRP's price. The recent delay in US-Iran talks and rising oil prices have sapped risk appetite across crypto, leading to a decline in XRP's trading volume.