XRP, despite experiencing a high trading volume of $1.1 billion in the past 24 hours, has failed to gain traction and remains in the red. The trading volume for XRP decreased by 21.2% in the previous 24 hours, indicating a slowdown in activity. Meanwhile, the broader cryptocurrency market has been recovering, with Bitcoin leading the way. However, XRP's price has declined by nearly 1% in the last 24 hours and has not benefited from the market rebound. This lackluster performance could be attributed to market sentiment and the ongoing legal battle between Ripple and the SEC. The SEC recently filed an appeal challenging specific portions of the court's summary judgment in favor of Ripple, adding fresh uncertainty to the market. Further developments in the legal battle could greatly impact XRP's price.



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