Analytics

Will XRP Price Lose $0.5 Support as Ripple Faces Centralization Criticism?

03.09.2024

The XRP price surged 2.5% to $0.56 during the U.S. trading session on Monday. The bullish uptick followed the broader market relief rally as Bitcoin price avoided a major correction below $60000. While the market sentiment hints at a prolonged correction, a recent tweet from XRP holders has sparked a critical discussion about Ripple’s influence over the XRP Ledger (XRPL) and the challenges of achieving true decentralization within the network.

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03.09.2024
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