XRP's price recovery has hit a roadblock as regulatory uncertainty from the U.S. Securities and Exchange Commission (SEC) continues to loom. The SEC's lawsuit, filed in December 2020, claims that XRP is an unregistered security, which has led to significant market disruptions, including delistings and diminished investor confidence. Despite occasional price movements linked to court developments, the unresolved legal status of XRP remains a significant obstacle to its full recovery and potential growth. The ongoing legal battle continues to weigh heavily on XRP's market performance.