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- #1
What’s happening with XRP, in my opinion, seems to be a reflection of the traditional financial instruments’ growing influence in the crypto world. In my opinion, the most significant thing about it is the fact that the pressure from XRP ETFs is having a disrupting effect on the traditional dynamics of the token, including both volatility and attracting new holders. In my opinion, instruments such as those mentioned above can both provide a possibility for it to become more legitimate and institutional, as well as face risks of manipulation and becoming dependent on external factors. What’s striking in this regard, in my opinion, is the fact that XRP, even in its struggles with regulations, has a chance to be in the spotlight of the crypto world due to these events.