XRP (CRYPTO: XRP) has lost roughly 70% of its value since peaking near $3.65 last July. It now trades just above $1, below where it sat before the Securities and Exchange Commission dropped its case against Ripple and before spot XRP exchange-traded funds -- like the Canary XRP ETF -- launched in the U.S.
Two of the biggest catalysts that bulls had waited years for have come and gone, and the token is below where it started.
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And yet Ripple -- the company behind XRP -- has never looked stronger. The company cleared more than $3 trillion through its prime brokerage last year, and it now holds a national trust bank charter.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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