Ripple’s Global Ambition Stalled: XRP Price Slides Amidst Uncertainty

Ripple’s native token, XRP, has experienced a sharp decline in value over recent weeks, dropping from $2.65 to $2.20. This slide comes despite the company’s ambitious plans for interbank payments through its RippleNet infrastructure. While institutional interest and Ripple’s long-term vision may help stabilize the token’s price, doubts remain about the immediate impact of these initiatives on XRP’s performance.