$XRP 【XRP Cryptocurrency Market Dynamics】XRP currently ranks among the top five cryptocurrencies by market capitalization, but its price has been under long-term pressure due to the SEC lawsuit. In March 2024, the court dismissed some of the SEC's charges, leading to a short-term surge in trading volume by 30%, but there is still uncertainty in the market. Technically, XRP is based on distributed ledger technology and focuses on the cross-border payment sector, with Ripple's collaboration with financial institutions such as Standard Chartered deepening continuously. In terms of regulation, U.S. legislation is advancing the '21st Century Financial Innovation and Technology Act,' which, if passed, will clarify the classification of XRP and pave the way for its compliance. Institutional attitudes are divided; some investment banks believe its technological advantages are significant, but legal risks need to be clarified. On-chain data shows that the number of active addresses has rebounded to the levels seen during the 2021 bull market, and short-term prices may fluctuate in the range of $0.3 to $0.5, while in the medium to long term, attention should be paid to regulatory decisions and the competitive landscape of global central bank digital currencies.