Don't sleep on the potential of XRP.
If you're looking for a high-risk, high-reward cryptocurrency, look no further than XRP ( XRP -1.89% ) . After soaring in value in the early part of 2025, it tumbled during the spring, only to mount a stunning recovery in July. However, during August, XRP has again dipped and now trades for about $3.
So is it once again time to buy the dip on XRP? Here are three reasons you should consider holding on to your XRP .
XRP's legal problems are in the rearview mirror
In early August, Ripple, the company behind the XRP token, finally settled its long-running litigation with the Securities and Exchange Commission (SEC) . In December 2020, the SEC alleged that XRP was actually a security, and not a cryptocurrency, and XRP had been under a clo