XRP has faced obstacles on its path to a $50 billion market value, as its price has largely hovered below $1. At present, XRP is finding it difficult to sustain support above $0.55, encountering downward pressure. Although it missed out on the recent surge in prices, XRP is hopeful following positive legal advancements involving Ripple Labs and the US Securities and Exchange Commission (SEC). For the most up-to-date technology news, check out NEWSLINKER.