XRP Rally Fades as Post-SEC Lawsuit Euphoria Gives Way to Bearish Signals

On March 19, the US SEC officially ended its four-year-long lawsuit against Ripple, sparking a surge in XRP network activity. On the same day, the number of active addresses that traded the token skyrocketed to a year-to-date (YTD) high, reflecting heightened investor interest.  However, this momentum has turned short-lived, as on-chain data reveals a steady decline in active wallet count since then.  XRP Demand Fades as Post-Lawsuit Hype Dies On March 19, Ripple announced that the SEC had officially dropped its four-year-old lawsuit against the payment services company source: https://beincrypto.com/xrp-demand-falls-sec-hype-drops/