Ripple's XRP has experienced price declines recently, leading to mixed reactions from analysts. Some argue that the decline is due to external factors, while others believe it is related to allegations against Ripple. Japanese exchange SBI VC Trade has expanded its cryptocurrency lending services, offering more options for XRP holders. Tony Edward pushes back against Bitcoin maximalists, stating that they are unfairly singling out XRP's decline when the entire crypto market is experiencing a downturn. Pierre Rochard claims that Ripple is aggressively lobbying against the Strategic Bitcoin Reserve and targeting Bitcoin mining regulations to protect its market position. Despite bearish concerns, some analysts, like EGEAG CRYPTO, remain optimistic about XRP's future, stating that it is demonstrating strength against BTC. Furthermore, SBI VC Trade's adoption of XRP in its lending services highlights sustained institutional interest in the asset.
Content Editor ( coinedition.com )
- 2025-02-28
XRP: Bearish Allegations vs. Bullish Technicals and Japan Adoption Surge
