XRP Price Plummets 35%, Will It Bounce Back in April?

The cryptocurrency XRP has experienced a significant downturn this year, dropping nearly 35% from its January peak. This decline comes despite several milestones for Ripple, including the SEC’s decision to end its lawsuit against the company and the securing of licenses in New York and Texas. While the regulatory landscape clears, analysts point to the need for increased partnerships with banks to compete with SWIFT, a global messaging network handling trillions of dollars annually.