XRP has seen a significant drop of 15% after reaching a new all-time high of $3.65 last week, recently trading at $3.09. This decline coincides with a broader trend of altcoins dropping in value, as both Solana and Dogecoin have also experienced losses. Analysts attribute XRP's price movement to macroeconomic factors and a general exhaustion in the cryptocurrency market. Despite the recent drop, some experts believe XRP still has potential for recovery due to its popularity among retail investors, particularly after a prolonged legal battle with the SEC has concluded. This has led some to consider XRP as a 'de-risked' investment. The current economic environment and interest rates could also influence XRP's future performance, as low rates typically benefit risk assets like cryptocurrencies.

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