Ripple’s price has been stagnant lately, even as interest in XRP ETFs grows. 🤔 Despite recent legal wins - such as the court ruling that XRP sales on exchanges aren’t securities - investor caution is evident. The ongoing SEC appeal may be dampening excitement, leaving many wondering: what’s next for Ripple?
Over the past year, $XRP value has dropped by 15.1%, a stark contrast to the growth seen in other cryptos - $BTC is 97% up, and the total crypto market cap is over 80% up. Some view this stability as a double-edged sword: while it signals potential investor caution, it also offers a breather from the usual volatility.
The potential for ETFs backed by XRP, from companies like 21Shares and Bitwise, could usher in fresh institutional investment. But will these factors be enough to trigger a price breakout?
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