Is $3.50 on the Table? XRP’s Price Stalls Despite Positive Developments

Despite a positive year for cryptocurrency markets, Ripple’s XRP has seen a concerning decline in value. The token’s price is down 6% over the past three months while the broader market has gained 10%. Recent developments like Ripple’s victory against the SEC and its listing as a potential U.S. Digital Asset Reserve candidate are not translating into immediate price gains. This creates uncertainty surrounding the future of XRP.