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Why is XRP Price Not Rallying after $50M SEC Settlement?

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Summary
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62% Informative

XRP price surged 10% on May 8 but remains flat amid Bitcoin 's $ 104 K dominance.

Ripple and the SEC inked a $ 50 M settlement yesterday , but the price failed to move.

XRP Open Interest hits $ 4.23B , with rising funding rate hinting at leveraged upside potential.

The main reason for this flat price action of XRP can be attributed to the first -mover advantage of Bitcoin .

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40

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36

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formal

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English

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30

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