Possibility of XRP reaching $3 again debated due to competition and lack of adoption

From Nasdaq: 2025-05-25 05:00:00

The stock market has been on a wild ride this year, with major indexes like the Dow Jones and S&P 500 experiencing significant fluctuations. Meanwhile, Bitcoin hit new highs before dropping and rebounding, while XRP struggled to regain its footing after a steep decline. Despite its legitimate use case in facilitating faster and cheaper transactions between financial institutions, XRP faces stiff competition from stablecoins and lacks widespread adoption among major banks. While some believe XRP could reach $3 again, others caution against investing in it for the long term.

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Read more at Nasdaq: Can Cryptocurrency XRP (Ripple) Reach $3 Again?