๐๐While $XRP has seen its trading volume surge significantly by 33.96% to a massive $4.74 billion, the notable drop in the value of $XRP suggests that holders are increasingly selling off their assets.๐๐๐ฅ๐
As such, it appears that the Ripple pause request has sent panic across the market, with $4.74 billion worth of $XRP being moved amid increased selling activities.
While the long-standing legal battle between the SEC and Ripple has long shaped XRPโs price positions over the years, XRP holders are uncertain about whatโs to come out of the pending discussions. While this has sparked uncertainty across the market, retail participants appear to be reacting cautiously.
XRP
2.0308
-0.35%