Ripple (XRP) is struggling to translate a string of headline-positive catalysts—spot ETF activity and the end of its long-running U.S. regulatory overhang—into a convincing price recovery, even as signs of ‘institutional demand’ continue to build. XRP was trading around $1.34 on Friday ET, leaving the token down roughly 26% year-to-date and far below last year’s peak.
As of May 30, XRP changed hands near $1.34, up about 2.74% over the past 24 hours but down roughly 2.34% over the past month, with a 90-day return of around -2.24%. The asset’s market capitalization stood near $82.9 billion,… Read more
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