Ripple's XRP has been fluctuating in price recently, with increased volatility noted following the SEC's appeal in their legal dispute. The appeal has generated widespread speculation in the crypto community regarding the underlying reasons behind the SEC's actions. Such uncertainty has prompted many investors to exercise caution and hold back from active trading.
This ongoing legal matter continues to affect investor sentiment, with many closely monitoring developments for any indications of a settlement. Any potential outcomes could have a significant impact on XRP's market performance.