Ripple Stalls Above $2 While Coldware Emerges as New Force in Cross-Border Payments

Despite a recent surge above the $2 mark, Ripple (XRP) faces headwinds. The cryptocurrency, which once dominated cross-border finance, has experienced a significant decline in its global rankings. After plunging over 20% in just 30 days, Ripple (XRP) is now hovering at seventh place, with its market capitalization below $115 billion. This dip is attributed to ongoing legal battles with the SEC and lingering uncertainty regarding regulatory risk, hindering investor confidence and capital flow.