Despite winning a lawsuit against the U.S. Securities and Exchange Commission (SEC), securing $1 billion in ETF inflows, and investing $2.7 billion in strategic acquisitions, XRP's price has still fallen 48% from the high of $3.65 in July to around $1.88. Key developments include the legal settlement reached in August, the launch of a spot ETF in November (initial demand was strong), and significant acquisitions of companies like Hidden Road and GTreasury. However, uncertainties in legal proceedings, delays in ETF approvals, and legislative stagnation such as the CLARITY Act have all suppressed the expected price rally.
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Despite winning a lawsuit against the U.S. Securities and Exchange Commission (SEC), securing $1 billion in ETF inflows, and investing $2.7 billion in strategic acquisitions, XRP's price has still fallen 48% from the high of $3.65 in July to around $1.88. Key developments include the legal settlement reached in August, the launch of a spot ETF in November (initial demand was strong), and significant acquisitions of companies like Hidden Road and GTreasury. However, uncertainties in legal proceedings, delays in ETF approvals, and legislative stagnation such as the CLARITY Act have all suppressed the expected price rally.