Despite #Ripple 's success in the court case against #SEC and technological advances, $XRP remains in a state of consolidation, unlike other cryptocurrencies that have been showing growth since January.
Former trader Angelica Saldanha attributes this to legal uncertainty and the youth of the market.
Saldanha noted that XRP holders lost opportunities to invest in other fast-growing sectors such as #DEFİ and #NFT during the lawsuit.
XRP is currently trading at $0.586752 with a daily volume of $1,159,074,827. Its value has fallen by 60% in the last 24 hours. It is ranked 7th on CoinMarketCap with a market cap of $33,084,610,880.
At the same time, analysts disagree: some blame disinformation, while others see potential in #XRP due to its resilience and large trading volumes.
