Why XRP Could Face Further Declines
1. Regulatory Pressure: Ongoing lawsuits and regulatory scrutiny create uncertainty for XRP's future.
2. Decreasing Market Confidence: Investors might shift focus to projects with clearer legal standings and use cases.
3. Whale Sell-Offs: Large holders cashing out could trigger further price drops.
4. Competition: Other blockchain platforms like Stellar (XLM) offer similar features, dividing the market.
5. Limited Adoption Growth: Despite Rippleās partnerships, real-world adoption of XRP remains slower than anticipated.
If these issues persist, XRP could struggle to maintain its value in the current market environment.