What a year it has been for Ripple and its token, XRP. It’s been a rollercoaster ride that would make even the most seasoned carnival operator queasy. Brad Garlinghouse’s brainchild has been busy shaking hands, dodging lawsuits, and making deals like a politician running for office. But let’s not forget the real star of the show: XRP, the cryptocurrency that’s been bouncing around like a rubber ball in a squash court.
Mid-July saw XRP hit a dazzling all-time high of $3.65, only to come crashing down faster than a house of cards in a wind tunnel. Now, it’s clinging to a precarious support line at $1.90, looking more like a deflated balloon than a soaring rocket.
Since mid-November, five spot XRP ETFs have been unleashed into the wild. But instead of propelling the token to new heights, these financial instruments have been about as effective as a chocolate teapot. XRP has lost roughly 25% of its value since the first ETF went live, proving once again that the crypto market is as predictable as a cat on a skateboard.
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2025-12-28 11:36