The XRP price surged 2.5% to $0.56 during the U.S. trading session on Monday, aligning with a broader market relief rally. This uptick occurred as Bitcoin avoided a significant correction below $60,000, which contributed to positive sentiment across the market.
However, the recent tweet from XRP holders catalyzed a critical discussion regarding Ripple's influence. This focus on centralization could spark concerns for XRP holders, potentially impacting XRP's price and its $0.5 support level.
The post highlights the emerging risks that might undermine XRP's current bullish trend, particularly if the centralization allegations gain traction.