XRP stumbles amid cooling post-ruling euphoria, struggling to regain traction
Last month's optimism was spurred by a favorable court ruling for Ripple in its ongoing lawsuit with the SEC. However, the post-ruling euphoria appears to be waning as XRP struggles to gain momentum amidst ongoing legal complexities. The SEC, undeterred by last month's setback, is reportedly preparing to appeal the ruling, adding a layer of uncertainty to XRP's future prospects.the approach used in last month's ruling in the SEC's case against Ripple Labs.
The leading European digital asset exchange unveiled its big reveal today: a permanent 2.0% annual percentage yield on XRP through Bitstamp Earn Lending. However, based on the overall sentiment, the much-hyped announcement seems to have fallen flat among the XRP community.
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