XRP saw a significant decline after reaching a record high of $3.65 last week, dropping over 15% to around $3.09, as broader market trends weighed on major altcoins like Solana and Dogecoin. According to analyst Katie Talati, the pullback is attributed to macroeconomic factors, particularly awaiting U.S. Federal Reserve interest rate decisions. Despite this setback, Talati suggests that XRP remains appealing to retail investors, especially following the conclusion of a protracted lawsuit with the SEC, which may encourage buyers to view it as a lower-risk investment. The recent price movement reflects XRP's resilience, as it rebounded from a seven-year hiatus in market highs, signifying investor confidence in Ripple's vision for a compliant institutional blockchain. However, movements by major holders, such as the transfer of $140 million worth of XRP by the founder, hint at potential profit-taking during price surges. Thus, while XRP's recent performance casts a shadow, the potential for future growth remains a topic of interest.

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