XRP has dropped following a record high of $3.65 last week, now trading around $3.09—a decline of over 15%. This drop reflects a broader market trend where major altcoins, including Solana and Dogecoin, have also fallen. Analysts attribute this pullback to macroeconomic factors and potential investor fatigue in the crypto market. Speculation around interest rate cuts by the U.S. Federal Reserve adds to the uncertainty, as lower rates typically benefit risk assets like crypto. XRP's recent surge and subsequent retreat follows a seven-year wait for a new high, indicating strong investor confidence in Ripple's vision for regulation-compliant blockchain solutions. Despite current declines, experts suggest that XRP remains a favorite among retail investors and could rise again, particularly following the resolution of a long-standing SEC lawsuit, positioning it as a less risky investment now.

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