The Hidden Worries of Ripples! Despite the weak quarterly performance, why is it still difficult to reverse the rebound curse?
Click the avatar to watch the live broadcast and chat!
XRP suddenly became the best-performing currency in the fourth quarter, with an increase of over 400%. This is due to the optimistic sentiment surrounding Donald Trump's government shift towards cryptocurrency regulation and speculation about the XRP ETF in 2025-2026. However, the market's attempt to rebound in mid-December was rejected, indicating that XRP will face difficulties in the short term, as it is declining on both the weekly and daily charts.
Nonetheless, the bullish predictions for XRP partly stem from its relatively robust performance, as altcoins have fallen sharply across the board. The RLUSD stablecoin launched by Ripple has also added positive sentiment to the market; RLUSD is a dollar-pegged enterprise-grade asset operating on the XRP Ledger and Ethereum blockchain. RLUSD is designed to facilitate cross-border payments and tokenized asset trading, bringing significant utility to the XRP ecosystem and potentially driving its price up in 2025.
Click the avatar to watch the live broadcast and chat!