XRP News: Overvaluation Concerns May Hinder Return to All-Time High

Recent on-chain data indicates that XRP may be overvalued at its current price, potentially impacting its ability to reclaim its all-time high (ATH). The market value to realized value (MVRV) ratio for XRP has surged to 409.47%, signaling overvaluation. This high ratio could lead to increased selloffs as traders look to capitalize on profits. The MVRV ratio, which compares an asset's market value to its realized value, is a critical metric for assessing market sentiment. A positive ratio often suggests that the asset is overvalued, which can deter new investments and trigger profit-taking. As a result, XRP's path to surpassing its ATH may face significant hurdles unless market conditions improve or the asset's fundamentals strengthen. Investors and traders should closely monitor these developments to make informed decisions in the volatile cryptocurrency market.

XRP’s Overvaluation Could Hinder Its Return to All-Time High

On-chain data suggests that XRP may be overvalued at its current price point, raising concerns about its ability to break above its all-time high (ATH). The market value to realized value (MVRV) ratio for XRP stands at 409.47%, indicating overvaluation. This could trigger more selloffs as traders take profits. The MVRV ratio compares the market value of an asset to its realized value, with a positive ratio suggesting overvaluation and a negative ratio indicating undervaluation.

Ripple’s Court Win Disputed as SEC Gains Support from Better Markets Non-Profit

The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has taken a new turn with the involvement of the non-profit organization Better Markets. The group has filed an amicus brief urging the Second Circuit to overturn the 2023 Ripple case ruling, arguing that the decision misapplied the Howey Test. This development comes as Ripple and its native cryptocurrency, XRP, have been enjoying a period of positive momentum following a partial court victory. US District Judge Analisa Torres ruled that XRP was only considered a 'security' when sold to institutional investors, leading to a significant price surge for XRP. However, the new filing by Better Markets could potentially disrupt this upward trend.

Ripple’s President Monica Long to Outline Key Priorities for 2025

Ripple’s president, Monica Long, announced via a January 23 X post that she will discuss Ripple’s key priorities for 2025 in an upcoming event hosted by RippleX Dev. The event is scheduled for next Wednesday at 12:30 AM GMT. The discussion will focus on XRP’s institutional adoption in the APAC region, blockchain innovation, and ecosystem growth. Long emphasized Ripple’s efforts in driving institutional adoption of tokenized financial assets on-chain. RippleX has encouraged community participation and invited users to submit questions for Long, with a few selected to be answered during the event. Several XRP investors have already posed questions, including inquiries about the RLUSD stablecoin.

Ripple Vs. SEC Case Sees Unexpected Action With New Amicus Filing

The legal dispute between Ripple Labs, Inc. and the US Securities and Exchange Commission (SEC) has taken a surprising turn with the filing of an amicus curiae brief by Better Markets, Inc., a nonprofit focused on public interest in financial markets. The brief, submitted to the United States Court of Appeals for the Second Circuit, strongly supports the SEC's appeal against a previous district court decision that narrowly defined the term 'investment contract' in relation to XRP. Better Markets criticized the district court's interpretation of the Howey test, which is used to determine if a transaction qualifies as an investment contract and thus a security, arguing that the ruling improperly excluded XRP tokens from this classification.