XRP's price has fallen this year, as has the price of many other cryptocurrencies. The large-cap coin has dropped 52.3% since the beginning of the year, mirroring the overall declines of the cryptocurrency market, which is not surprising given its position.
XRP, despite its decline, remains an appealing investment option for investors. As the year closes out, there is renewed hope that the coin's value will rise. This article will share three reasons for this hope.
Ripple's XRP token has become the market's de facto standard for cross-border payments, and it has a significant use case for investors looking to earn and users requiring crypto-specific functionality.
SEC Case Could Come to a Close
The case between XRP's developer, California-based Ripple Labs, and the Securities and Exchange Commission (SEC) has been a major impediment for the past year and a half.
In December 2020, the securities regulator sued Ripple, accusing the company of violating securities laws when it offered...
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