The invisible wealth law of successful people in the cryptocurrency circle.
1. The upper class is mostly low-class people, and the lower class is mostly noble people.
2. Never let anyone around you know what you rely on to make money and how much money you make.
3. The only bargaining chip for the poor is time. If you want to make a comeback, you must give up those entertainment activities that wear down your will and devote every minute and every second to the torrent of self-improvement and value creation.
4. When you know that you bought a house for 200,000 yuan, lived in it for a few years, and sold it to others for millions, you suddenly realize that wealth is not entirely created by hard work.
5. Saying a few nice words can get half of the people, giving a few gifts can get 70% of the people, and saying just the right words and giving some gifts that others like can get 90% of the people.
6. Making big money is often a matter of three to five years. If you have it, you have it, and if you don’t, you don’t have it.
7. Most people hold a very stupid idea that they can run a store or company for a lifetime and support themselves for a lifetime. However, the reality is cruel. Don't hold on to it, otherwise the end result is often to lose the profit intact and end up in debt.
8. You must save your living expenses for many years in the years when your career is going smoothly. Then sell the business at the peak of the business, drink tea, investigate, explore the next opportunity, and look for the next outlet in the following days.
9. Facing the uncertainty of the future, there are only two ways to go: one is to keep up with the pace of the times and seize every possible outlet; the other is to work hard in your own field and keep improving.
10. Reading thousands of books is not as good as traveling thousands of miles, traveling thousands of miles is not as good as seeing countless people, and seeing countless people is not as good as being guided by immortals. Success is not based on luck, choice is greater than hard work, and the circle determines destiny. In the currency circle, in addition to having a sharp eye for judging the situation, you must also keep up with a good team and a good leader. Pay attention to me and find me, you are halfway to success in the currency circle! ##山寨季何时到来? ##美国大选如何影响加密产业? ##以太坊ETF批准预期
The bull is back, why are there still so many people who don’t believe it? Because they are afraid from being deceived. It's just like the story of 'The Boy Who Cried Wolf'.
That wave of the bull market in 2021, when it rose to $69,000, the market sentiment was high, with all sorts of predictions of $100,000 and $1,000,000 coming out. What happened? It deeply retraced to $15,000, and how many people got wiped out?
In March of this year, when it rose to $73,000, the bull came again, with a lot of predictions of $100,000 and more, and what happened? It retraced to $49,000, trapping a large number of people.
Until the last few days, on the day of the US election, it shot straight up to $75,000. This time, most people no longer believe in any bulls; it doesn’t matter if Trump is in power or if the Federal Reserve cuts interest rates, nothing seems to work, they just don’t believe anything anymore, and some even think they can catch an opportunity to short during a deep retracement. What happened? The bull came like a thief, it really came.
So, in the current market, is the big bull really here, or is it just a deeper trap? This depends on the overall betting of traders around the world.
Who would have thought, on an ordinary weekend, it quietly shot up to $80,000? Most traders know there’s usually no market action on weekends, yet it just quietly climbed. This is one of the principles of buying when no one is paying attention and selling when the crowd is bustling.
So, does the current market sentiment count as bustling? #BTC创历史新高
PEPE has achieved significant gains over the past week. This wave of rising prices has pushed PEPE towards a key technical resistance level.
From a technical chart perspective, PEPE is presenting a bullish triangular flag pattern, which is often viewed as a potential upward signal. Since this pattern formed in March, PEPE has been undergoing technical adjustments to consolidate its upward base. Currently, PEPE's price is testing the resistance line of this pattern, and if it breaks through successfully, it may initiate a new upward trend.
Bullish momentum has clearly dominated over the past week, with prices soaring over 21%. This strong uptrend has allowed over 77% of PEPE investors to realize profits. Additionally, cryptocurrency analysts have noted this bullish pattern and predicted potential upward space in the future.
Despite the positive outlook, buying pressure for PEPE is rising, but the supply of memecoin held by top addresses has slightly decreased, which may indicate that some investors might choose to sell when prices rise. Furthermore, when prices reach the upper limit of the Bollinger Bands, price corrections typically occur. Therefore, PEPE's price may first pull back to the support level of the 20-day Simple Moving Average (SMA).
PEPE is currently at a key technical node, and its future trend will depend on whether it can successfully break through the current resistance level and how investors react. However, PEPE's strong price surge and bullish technical pattern still provide enticing opportunities for investors.
As a blogger with years of experience in the crypto space, I am willing to share my insights and experiences with you. My strategic layout will be shared free of charge; I need followers, and you need references. #PEPE
The Air Force is trapped. Has the bull market really arrived as Bitcoin continues to break new highs?
Since November 6, Bitcoin has been breaking new highs for three consecutive days. The trend resembles that of gold a while back. What is the main reason for this?
From a contract perspective, most people are looking to short at high positions, as very few dare to chase longs at the current price. Those who previously shorted have either been trapped, stopped out, or liquidated, while those who went long have taken profits and even reversed to short. This cycle continues, resulting in fewer long positions and heavier short positions. As the volume increases, the price of the coin continues to break through, stepping on these blood-stained chips. Moreover, the media needs continuous breakthroughs to publish news and drive market sentiment. Each rise in price during a bull market is fueled by the strong presence of the shorts. It is only when the majority of shorts are truly convinced or some shorts decide to join the longs with the mindset of 'if you can't beat them, join them' that the balance between longs and shorts is nearly achieved. That is when a true major correction occurs. For those deeply trapped shorts, it becomes a matter of who can hold out longer.
As a blogger who has been navigating the crypto space for many years, I am willing to share my experiences and insights with you. I will share my strategy and layout free of charge; I need followers, and you need references. #BTC创历史新高
The Artificial Super Intelligence Alliance FET shows a significant upward trend, driven by both technical analysis and market sentiment. Especially against the backdrop of a surge in large trading volumes, the activity of whales has significantly increased, adding bullish expectations for the future development of FET.
With pro-cryptocurrency politicians being re-elected, the overall sentiment in the cryptocurrency market has warmed up. Under this context, FET has achieved a rise of over 25% in the past two days. This increase not only breaks through the previous downward channel but also indicates that FET is about to enter a new upward cycle.
From a technical analysis perspective, FET has shown a clear bullish trend after the breakout. The daily candle closing price of FET has already surpassed the 200 Exponential Moving Average (EMA), further confirming its upward trend. Based on the current market sentiment, FET is expected to continue rising in the coming days, possibly reaching the level of $1.80.
In addition to technical analysis, FET's on-chain metrics also show positive signals. In the past 24 hours, FET's large trading volume surged by 56%, indicating strong interest from whales and investors. At the same time, FET's open contracts have also increased by 7.9%, suggesting that traders have strong confidence in FET and may be establishing new positions based on market sentiment.
FET has demonstrated significant upward potential in the current market environment. Whether from the perspective of technical analysis or market sentiment, FET presents positive signals. However, caution is still needed, closely monitoring FET's trading price and volume dynamics to make informed investment decisions.
As a blogger who has been in the crypto space for many years, I am willing to share my experiences and insights with you. I will share my bull market strategy layout for free; I need followers, and you need references. #FET
The DeFi market is heating up. Can the upward trend continue after the election? What are the potential tracks?
With the election of "Te Ke Pu", the market is generally optimistic about the next bull market. From the analysis of the market in multiple time periods, although some people are ready to open short positions, most people believe that a good market for 6 to 12 months has started. Being bearish at this time may just be too aggressive.
In the high-level consolidation stage, small currencies have also ushered in opportunities, especially those with large funds, bottom-level forms, and high popularity in recent times. For example, the dog series, SOL series, NEIRO, WIF, APE, BOME, etc. are all worthy of attention.
In addition to the election factors, Musk, as the traffic leader of the currency circle, has also attracted much attention. His remarks often drive the rise of related currencies and become an important way for investors to capture the wealth code. Therefore, paying attention to Musk's account dynamics may capture more investment opportunities.
For Bitcoin, every new high will attract a wave of wealth and drive a round of market conditions. In the medium and long term, Bitcoin is expected to hit a high of $100,000.
Looking ahead, investors can also pay attention to several important factors. For example, the impact of the BTC halving cycle, the formal entry into force of FASB, the resubmission of SAB121, and the shift in the Federal Reserve's monetary policy. These factors will have an important impact on the market trend.
In terms of investment direction, areas with obvious superposition effects such as ETH, DEFI, and RWA deserve special attention. At the same time, although there are many MEME coins launched, there are also potential targets. However, due to the high complexity of MEME coins, they need to be selected carefully.
With Trump's inauguration, the development of the RWA field may accelerate. This field combines on-chain assets with real-world assets to form a closed loop. Among them, the step of chaining must be endorsed by a powerful country or government functional department. Therefore, this field may become one of the most promising tracks in the second half of the bull market.
As a blogger who has been working in the currency circle for many years, I am willing to share my experience and insights with you. My bull market strategy layout will be shared free of charge. I need fans and you need reference. #BTC创历史新高
With the market trend and technical signals improving in sync, FLOKI is gradually approaching its breakout threshold. In the last 24 hours, FLOKI's trading price has increased by 12.33%, while its trading volume and market capitalization have seen significant growth of 128.74% and 11.85%, respectively. This series of increased activity suggests that a market shift may be brewing.
Looking at the daily chart, it is not difficult to see that FLOKI is at the edge of a symmetrical triangle pattern. This technical formation often indicates that a significant price fluctuation is imminent. Currently, the upper trendline of the triangle is gradually approaching two key resistance levels: $0.00017667 and $0.00031357. Once FLOKI successfully breaks through these resistances, a strong upward wave is expected; historically, when a symmetrical triangle in FLOKI's chart breaks, it is often accompanied by a substantial price surge.
The MACD and RSI technical indicators are also signaling bullish trends. The MACD shows early signs of a crossover, suggesting that buying power is gradually gaining the upper hand. The RSI value is at 52.03, indicating a strong price trend but has not yet reached the overbought area, leaving room for further increases. These signals reinforce the expectation that FLOKI is about to break out, providing solid support for the optimistic outlook of the symmetrical triangle pattern.
In terms of social influence, FLOKI's social dominance currently stands at only 0.036%, which may imply that retail enthusiasm is relatively low. This could also reflect a robust strategy where long-term holders are accumulating without being disturbed by social media. If social dominance increases with the price breakout, it may become a potential catalyst for attracting more retail investors and further driving up prices.
FLOKI's technical pattern, market indicators, and social influence all point to its potential breakout opportunity. If it successfully breaks through the key resistance levels, FLOKI is expected to experience significant gains. However, investors should remain vigilant while pursuing returns, closely monitoring market dynamics to respond to potential pullback risks. In the context of the 'Trump trade' frenzy driving the overall rise of the crypto market, FLOKI's upward potential is worth looking forward to. #美国大选后涨或跌?
Solana experiences an explosion under the 'Trump effect,' aiming for the 200 mark.
The number of users on Solana has seen an astonishing increase, largely driven by the so-called 'Trump trade.' According to the latest analysis, as of the end of the last quarter, Solana's user base has surpassed 100 million, marking an unprecedented wave of user growth for this blockchain platform. Data shows that at the beginning of the year, Solana's monthly active addresses were only about 13.8 million. Since August, this number has seen a significant rise, especially in October, where the number of active addresses jumped directly to over 100 million. This means that compared to the beginning of the year, the daily active addresses on Solana have increased by over 970%. As we enter November, this growth momentum remains strong, with daily active addresses stabilizing at over 5 million.
Bull Market? As the election concludes, mainstream crypto assets welcome their spring.
As the voting results from various states in the U.S. are gradually revealed, news of Trump's re-election spreads quickly. As a president with an open attitude towards cryptocurrency, his election undoubtedly injects a boost into the crypto market, especially Bitcoin, which is a crucial part of Trump's crypto strategy, with its price hitting a historical high. Below, we will review the changes in crypto assets and related fields before and after the election. In just two days following the announcement of the election results, the total market capitalization of the cryptocurrency market saw significant growth, jumping from $2.3 trillion to $2.63 trillion, an increase of 12%. This change fully demonstrates Trump's strong influence on the crypto industry as a political leader.
Following the announcement of today's U.S. election results, a prominent winner quietly emerges—Musk, whose business empire Tesla, the X platform, and SpaceX are all expected to draw nutrients from former President Trump's victory. Tesla's stock price surged after Trump's victory, while Musk himself reaped substantial political capital from actively supporting Trump. With the election results settled, Trump ascends to the White House again, backed by his strong supporter Musk. Musk will also be the biggest beneficiary of Trump's victory. Although the electric vehicle industry may suffer due to the cancellation of electric vehicle discounts and tax incentives, Tesla, with its scale and price advantage, is likely to benefit from this. Ives predicts that Tesla's stock price could rise by $40-50 as a result.
Three types of bull market potential altcoins may experience a surge.
1. STX The Nakamoto upgrade of the Stacks network is a significant milestone in its development. This upgrade introduces key improvements in transaction processing, allowing Stacks to produce blocks more independently from Bitcoin, thereby significantly enhancing transaction speed. With this upgrade, the transaction processing time on the Stacks network has been reduced to a few seconds, showcasing its efficient processing capabilities. At the same time, the newly launched 'sBTC' token establishes a seamless bridge between Bitcoin and the Stacks ecosystem, further enhancing the utility and appeal of STX. Currently, the trading price of STX is above its 200-day simple moving average, and in the future, as the Nakamoto upgrade is implemented more deeply, STX is expected to maintain its growth momentum.
2. EGLD MultiversX, as a blockchain protocol, is committed to achieving horizontal scalability through comprehensive sharding to support the technological ecosystem of the 'new internet'. Its smart contract platform has the capability of processing up to 100,000 transactions per second, with very low average transaction costs and short latency times. MultiversX demonstrates good attributes in both functionality and market performance, providing investors with potential appreciation opportunities.
3. SEI Sei's recent collaboration with CARV marks a strategic breakthrough in advancing the Web3 gaming sector. This partnership aims to enhance user engagement and achieve seamless integration between different games. Sei is known for its high-speed parallel blockchain capabilities, combining Ethereum's development framework with Solana's performance efficiency, providing developers with a scalable, Ethereum-compatible, and faster development environment. With the release of Sei V2, its parallelized EVM offers developers a new expansion method, facilitating the rapid growth of Web3 gaming. Currently, Sei's trading price is stable, and liquidity is strong, offering good investment opportunities for investors.
However, caution should still be exercised in analyzing market trends, project background, and token liquidity when making investment decisions to ensure the safety and profitability of investments.
As a blogger with years of experience in the crypto space, I am willing to share my insights and experiences with you. My bull market strategy layout will be shared for free; I need followers, and you need references. #BTC创历史新高
With Bitcoin breaking through the new high of $75,500, the cryptocurrency market seems to be ushering in a new wave of frenzy. In just five hours, this top crypto asset surged by 9.4%, aligning with the trend of increasing odds for Trump in the election. Although some argue that the movement of cryptocurrencies does not entirely depend on political elections, the expectation of Trump's victory undoubtedly injects a strong boost into the market.
In the crypto world, patience and insight are the two essential tools for investors. In the face of intense market fluctuations, maintaining a calm mind and rational judgment becomes particularly important. Many investors find themselves in a dilemma in the current market environment: fearing to miss out on the upward trend while also being afraid of the risk of a pullback. In this regard, I always emphasize the importance of believing in the long-term trend of the market and not letting short-term fluctuations shake your confidence.
The Federal Reserve's interest rate decision will become the focus of the market. Due to the influence of the U.S. election and daylight saving time, the timing for the Federal Reserve's monetary policy meeting and interest rate decision announcement has been adjusted and will be revealed at 3 a.m. Beijing time on November 8. This event will undoubtedly bring new variables to the market, and investors should pay close attention.
In terms of trading strategy, it is advisable for investors to remain cautious in the near term, especially when using contract trading, and to set stop-loss points. The increased volatility in the market means that opportunities and risks coexist.
For spot investors, they should decide whether to hold positions based on their cost line. One should not be swayed by market sentiment but should rationally analyze market trends. Additionally, for investments in altcoins, it is recommended to adopt a strategy of building positions in batches to diversify risks and capture potential opportunities.
Finally, I want to emphasize that the cryptocurrency market is a place full of challenges and opportunities. Investors need to continuously improve their trading skills, maintain patience, and a willingness to learn. While short-term gains may be tempting, long-term stable profits are our ultimate goal. In this ever-changing market, only those who can uphold their principles and remain calm will be able to smile in the end.
As a blogger who has been navigating the crypto world for many years, I am willing to share my experiences and insights with you. My bull market strategy layout will be shared free of charge; I need followers, and you need references. #特朗普宣布胜选
Trump has succeeded, but it is uncertain whether he will remember his commitments to the crypto community before his success.
Trump proposed various policies and promises during his campaign, including statements related to Bitcoin and cryptocurrency. Now that he has succeeded, it is uncertain whether he will remember his past commitments. One, fire SEC Chairman Gary Gensler on the first day in office. Two, establish a national Bitcoin reserve. Three, make the United States the world capital of Bitcoin and cryptocurrency, retaining the 203,650 Bitcoins currently held by the U.S. government. Four, eliminate the capital gains tax on Bitcoin. Five, support Bitcoin mining in the United States. Six, end the regulatory crackdown on the anti-crypto movement. Seven, establish a presidential advisory council on Bitcoin and cryptocurrency.
Is ADA going to be discontinued? Cardano faces a challenge of a $500 million ADA sell-off.
The Cardano blockchain project is facing a significant decision: a plan to sell ADA tokens worth $500 million. This news has attracted widespread attention in the market and may exacerbate the volatility of ADA prices. Community members generally believe that transparent budget formulation is crucial for stabilizing Cardano's future price.
As discussions about the 2025 budget proposal intensify, the volatility of Cardano's price may further increase. The budget proposal calls for funding support of up to 500 million ADA, which has left investors and developers in the cryptocurrency market feeling uneasy. Critics are concerned that even if the sale is conducted gradually, such a scale of funding allocation could negatively impact Cardano's value.
To address this challenge, community members are calling for a balanced budget to ensure fiscal discipline. Some suggest that a portion of the financial resources (such as 50%) should be allocated to Cardano governance facilitator Intersect, while the remaining funds should be reserved for future use and other projects. Intersect plays an important role in the Cardano ecosystem, responsible for budget management and project execution. However, to maintain the balance of the ecosystem, some suggest preventing overspending by limiting the powers of Intersect.
Additionally, as the market adjusts, ADA's price has experienced significant fluctuations in the past day. The volatility in altcoin trading reflects the recent ups and downs in the cryptocurrency market. Although ADA's price currently hovers around $0.3285, traders are closely monitoring whether this asset will experience a bullish reversal or continue to decline.
The presence of key resistance and support zones has a significant impact on ADA's short-term trend. If buyers cannot break through the substantial resistance between $0.43 and $0.50, Cardano's price may face further downside risk. However, if ADA can rebound strongly from current levels, it may push its price towards the next major resistance level of $0.70.
In summary, Cardano's plan to sell ADA tokens worth $500 million has attracted widespread attention in the market. Transparent budget formulation and strategic spending decisions are crucial for stabilizing Cardano's price. Community members are closely watching this process and calling for a balanced, transparent budget to address future challenges. #ADA
The U.S. election is in a tight race, with real-time information updates overview.
The 2024 U.S. presidential election is entering a heated stage, with Trump and Harris's approval ratings neck and neck. On November 5, Eastern Time, voters will head to the polls to decide the next U.S. president. Here are some real-time updates and opinions regarding this election. Harris Campaign Harris held several rallies in Pennsylvania on the eve of the election, calling for voter unity and enjoyment of the electoral process. She avoided directly mentioning Trump's name, instead referring to him as 'the other person.' Harris emphasized that the division in American politics makes people feel lonely, and she hopes voters can consciously build communities and alliances during the voting and campaigning process, emphasizing commonalities rather than differences.
After a 20% drop in SUI coin price, can it revive and touch $3?
Looking back at the price trend of SUI, from August to October, it soared from $0.46 to $2.36, an astonishing increase of over 400%. However, since then, its upward momentum has clearly weakened. In the past three weeks, the SUI token price has dropped nearly 20%, currently trading around $1.8835. Although there was a rise of 10.98% last week, the subsequent intraday pullback of 3.24% prevented the SUI coin price from stabilizing above the psychological level of $2.
From a technical perspective, a support trend line has formed in the daily chart of the SUI coin price, but it faces ongoing bearish pressure. At the same time, the dynamic support of the 50-day EMA (Exponential Moving Average) is beginning to show, providing a buffer for a potential rise. The resistance trend line formed by the short-term pullback intersects with the support trend line, creating a triangular pattern that puts the support trend line to the test.
Fibonacci level analysis shows that the pullback poses significant pressure on the 78.60% Fibonacci level (i.e., $1.74). Additionally, the RSI (Relative Strength Index) indicator shows that the last two bottom formations have exhibited bullish divergence, which could signal a potential upward rebound in SUI coin price if the market recovers. Moreover, the support from the 50-day, 100-day, and 200-day EMAs also provides multiple potential support areas for the SUI coin price.
So, what is the future direction of the SUI coin price? If the SUI token price breaks below the support trend line, the 61.80% and 50% Fibonacci levels (located below $1.48 and $1.30, respectively) could become potential rebound areas. However, if the market recovers, the SUI token is expected to regain its upward momentum.
As one of the top contenders challenging the Solana network, the SUI project may see its coin price reach new historical highs if it gains broader market recognition. According to Fibonacci level analysis, if the SUI coin price can break through the psychological level of $2 and the resistance trend line above, the psychological price levels of $2.50 and $3 will become potential targets for November.
If the uncertainty brought by the U.S. presidential election dissipates and the market's bullish trend continues, the SUI coin price may reach the potential price target of the 2.618% Fibonacci level (i.e., $4.57). However, all of this still requires time to verify, and investors should remain cautious and closely monitor market dynamics. #SUI
The money battle behind the election: More than 11,000 political organizations invested $14.7 billion.
A money-intensive contest is unfolding on the US political stage. Due to the lack of legal restrictions on the amount of campaign funds for White House and congressional candidates, Republicans and Democrats are willing to spend huge sums to win the support of voters. Voters are surrounded by a flood of advertisements, text messages and emails from various candidates and political groups. Television ads, fundraisers and direct visits have become the mainstays of the campaign for candidates, parties and political action committees in this expensive election, with OpenSecrets estimating that these activities have already cost about $14.7 billion, accounting for the vast majority of total spending expected over the entire election cycle.
FET currently faces bearish pressure, but on-chain indicators suggest a potential reversal.
Recently, the AI super alliance FET has been continuously affected by bearish market sentiment after experiencing a decline of about 14% over the past two weeks, struggling to break through the current downward trend line. The Relative Strength Index (RSI) shows a value of 37, indicating significant selling pressure in the market, and the RSI's lows continue to be refreshed, further highlighting the intensification of bearish sentiment.
However, on-chain data reveals some positive signals. The exchange reserve of FET has decreased over the past four days, dropping from 502 million to 497 million, a change that may indicate a reduction in selling pressure. A decrease in reserves is generally viewed as a favorable factor for prices, as it reduces the selling supply in the market.
Whale activity in the FET market has significantly increased. On-chain analysis shows that the volume of large transactions surged by 65%, with the number of transactions over $100,000 rising from 4.63 million to 7.56 million. This indicates that, despite the market slump, whales and investors are actively accumulating FET tokens. With whales holding as much as 63% of the tokens, their activity has a significant impact on FET's price movements.
From a technical analysis perspective, FET is currently near a key support level, a position that has historically triggered buying pressure and driven prices up. If FET can successfully break through the current downward trend line, it has the potential to rise to the level of $1.72 in the coming days, representing a 45% increase based on price trends and historical momentum. However, FET's trading price remains below the 200 Exponential Moving Average (EMA), indicating that the market is still in a downward trend.
FET currently faces bearish pressure, but the changes in on-chain indicators and the increase in whale activity provide possibilities for a market reversal. As the broader market gradually stabilizes and market sentiment recovers, FET's price is expected to rise further. However, caution is still warranted regarding market volatility, and close attention should be paid to FET's price movements and related on-chain data changes. #FET
21Shares Plans to Launch XRP ETF, Ripple to Conduct Large-Scale XRP Sale
Recently, 21Shares submitted an application to U.S. regulators for the launch of an XRP exchange-traded fund (ETF). This fund, named "21Shares Core XRP Trust," will provide U.S. investors with an investment opportunity to track XRP price movements without directly holding digital currency, similar to its previously launched Bitcoin ETF.
Bitwise also submitted an application for an XRP ETP last month, expressing optimism about blockchain technology and the new types of monetary assets and permissionless applications it brings. Grayscale also launched the Grayscale XRP Trust in September, providing eligible investors with exposure to XRP.
However, in contrast to these positive market dynamics, Ripple plans to conduct its largest XRP sale in seven years, amounting to 470 million XRP. This news has triggered market uncertainty, as Ripple typically unlocks and sells only a portion of the escrowed XRP each month. Since 2017, Ripple has locked most of its held XRP in escrow, releasing a certain amount each month for sale.
Ripple's CEO Brad Garlinghouse stated in an interview that providing investors with XRP exposure through an ETF is "inevitable," emphasizing the success of the Bitcoin ETF, which he believes proves the demand for such assets among institutional and retail investors. However, Ripple is currently appealing with the U.S. Securities and Exchange Commission (SEC) on whether XRP violates federal securities laws, a legal dispute that could impact XRP's market performance.
XRP has had a relatively lackluster market performance this year, fluctuating within a certain range and being affected by legal developments. The SEC's appeal may prolong Ripple's legal battle until early 2026 or even longer, and this endless cycle of litigation has left large XRP holders feeling fatigued and anxious. Meanwhile, the progress of the XRP Ledger shared chain and the development of Ripple USD (RLUSD) have also failed to attract sufficient interest from investors due to the broader lack of activity in the cryptocurrency market.
Overall, as a product of the previous cryptocurrency cycle, XRP currently faces issues of lack of innovation and frequent legal disputes. If these issues are not resolved or innovative applications are not provided, XRP's future market performance may continue to be bleak. #XRP