Despite the resolution of the SEC-Ripple lawsuit, XRP continues to struggle with its price performance.
Although Ripple reached a court settlement involving a $125 million penalty for the improper sale of XRP tokens—less than the $2 billion the SEC initially sought—the anticipated price surge has not materialized.
A recent social media post by commentator “Max Prime” has labeled XRP as one of the biggest scams in cryptocurrency.
Max Prime criticized XRP for failing to sustain a price rally following the settlement. Despite a brief 26% increase in XRP’s value shortly after the lawsuit’s resolution, the price has since declined and remains below $0.60, leading to discontent among XRP supporters.
While Max Prime’s comments reflect frustration over XRP’s stagnant price, many in the XRP community remain optimistic.
They argue that current market conditions, which feature widespread price corrections and a period of consolidation across cryptocurrencies, are affecting XRP’s performance.
The broader crypto market’s trend suggests that labeling XRP as a scam may be premature, as it could still see growth when the market recovers.
XRP is trading near the $3 mark after gaining 2.98% in the past 24 hours, supported by a surge of bullish momentum across regulatory, institutional, and real-world utility fronts.
Ondo (ONDO) has captured trader attention with a confirmed breakout above $0.87, signaling a possible shift in trend after months of consolidation.
Hedera’s native token HBAR is facing selling pressure after an explosive 49% monthly surge, dropping over 5% in the past 24 hours at time of writing.
Solana (SOL) has gone up by 7% in the past 7 days after the approval of the first exchange-traded fund (ETF) linked to this token in the United States. The REX-Osprey SOL + Staking ETF (SSK) is already nearing the $100 million mark in assets under management (AUM), which favors a bullish Solana price prediction. […]