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Barely Anyone Searching for XRP Now
According to recent search interest data, the once-popular cryptocurrency token XRP has seen a significant decline in online searches. This drastic drop may be attributed to the SEC’s appeal against Ripple being dropped earlier this year, which many thought would spark renewed interest in the asset.
The data shows that search volume for XRP-related topics has steadily decreased since then, with only occasional minor spikes. It appears that the token’s recent underperformance and lack of a price rally following the resolution of the SEC case have contributed to this decline.
However, there is still reason to believe that XRP may yet regain its footing in the market. With multiple ETF filings pending before the SEC, there is always the possibility for another surge in interest if one or more of these proposals are approved.
Additionally, reports suggest that prominent asset management companies like BlackRock and Fidelity are expected to join the fray by filing their own XRP ETF applications. This could potentially lead to a significant increase in search volume as news of these developments spreads.
While it is unclear what the future holds for XRP, one thing is certain: without further catalysts, the token’s current lack of interest from investors may persist.
Source: https://u.today/barely-anyone-searching-for-xrp-now
