Ripple’s ETF launches have failed to catalyze XRP’s price increase, indicating a lack of investor conviction despite the new products. Selling pressure continues to dominate the market, leading to a 35% decline in XRP over the quarter.
Despite the recent ETF launches by Franklin Templeton and Grayscale, Ripple’s price has not recovered effectively when compared to Ethereum. XRP’s current struggles highlight its technical underperformance and weakened investor confidence.
Leave a Reply