1/17 Crypto Inauguration Party: Ripple’s Role and Challenges
background:
This crypto-circle event brings together major projects, but Ripple’s focus is not only on technology demonstrations, but also on how to deal with the challenges posed by regulation.
Ripple’s roles and disadvantages:
1. Legal shadow: The SEC lawsuit has not yet ended, and Ripple has changed from a technology leader to a "resistance representative."
2. Lack of market confidence: Institutional investors are waiting and watching, and the circulation of XRP in the mainstream market is still limited.
3. The regulatory label is difficult to remove: Even if some of the cases are successful, the "securities dispute" will still affect its global image.
4. Increased competitive pressure: Other payment projects such as Stellar and Circle are expanding rapidly, threatening Ripple’s market position.
in conclusion:
At the inauguration party, Ripple needs to demonstrate not just its technology, but its determination to regain trust in the market. This is not only a technical battle, but also an image reshaping challenge.