XRP recently peaked at a new record of $3.65 but has since dropped by over 15%, currently trading at $3.09. This decline coincides with a broader downturn in the crypto market, affecting major altcoins like Solana and Dogecoin. Analysts attribute the XRP price drop to macroeconomic factors and investor fatigue within the crypto sector. With high liquidity in the market, the coin’s impressive run followed the conclusion of a long legal battle with the SEC, positioning it as a less risky investment option for buyers. Experts highlight XRP's continued popularity among retail investors, which could allow for potential future gains as conditions improve and interest rates fluctuate. The U.S. money supply has reached unprecedented levels, but despite this financial backdrop, the crypto market faces ongoing challenges, creating uncertainty about future performance.

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