Has the favourable information regarding the Ripple settlement with the SEC been fully priced-in? The daily trading volume of the XRP ecosystem DEX is less than $50,000...

Ripple on Tuesday announced a preliminary settlement with the SEC, which is expected to conclude a four-year lawsuit and pave the way for the passage of the XRP spot ETF. However, there is a concern that the trading activity of the XRP ecosystem is quite sluggish, and its single-day DEX trading volume is only $44,000 and TVL is only $80 million. (Synopsis: Ripple "landed solidly" in the United States: SEC lawsuit ended and began to thrive home business) (Background supplement: XRP market value surpasses USDT to become the third largest token) Ripple CEO is optimistic about the launch of XRP ETF at the end of this year, and does not rule out IPO) Since Trump was re-elected as president of the United States in November 2024, XRP, which is also made in the United States, has once become the most watched crypto asset in the market. Coupled with the backdrop of deregulation of cryptocurrencies by the US Securities and Exchange Commission (SEC), XRP has skyrocketed nearly 300% in the past four months, becoming the 4th largest crypto asset by market capitalization. Just today Ripple reached a settlement with the SEC Ripple General Legal Officer Stuart Alderoty announced this morning that Ripple has reached a preliminary settlement with the SEC, with the SEC agreeing to refund $75 million of the $125 million fine in exchange for Ripple not proceeding with the appeal. In addition, Alderoty also stressed that Ripple has not admitted any wrongdoing, and the SEC will also ask the court to lift the ban on Ripple. Once the follow-up court process is successfully completed, it seems that this legal battle, which has been fought for more than four years, will officially come to an end. The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v Ripple ever… Last week, the SEC agreed to drop its appeal without conditions. @Ripple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an... — Stuart Alderoty (@s_alderoty) March 25, 2025 XRP single-day DEX trading volume is less than $50,000 On the other hand, the withdrawal of the lawsuit is also expected to pave the way for the XRP spot ETF, which is expected to help XRP prices continue to rise. But on the other hand, we know that altcoins other than Bitcoin ETFs are not as attractive, and Ethereum is a good example. Although XRP has a staggering market value of $137 billion, the current single-day DEX trading volume is less than $50,000. On-chain researcher Aylo said disapprovingly: I think XRP is the biggest financial scam in history, and nothing has ever created so little value to reach such a market cap ($140 billion) According to DefiLlama, the XRP ledger has had only $44,000 in DEX transactions in the last 24 hours. I think XRP is the biggest financial scam the world has ever seen. There has never been something which has produced less value that has reached this market cap ($140B). The XRP ledger did $44k in volume in the last 24h, according to DefiLlama. pic.twitter.com/i6crwO6NL4 — Aylo (@alpha_pls) March 21, 2025 Looking at DefiLlama's data, XRP's total DEX trading volume so far in March is only $1.5 million, TVL is $80 million, and Beincrypto also reports, Compared to mainstream public chains, XRP has significant deficiencies in the number of nodes, validators, and smart contract token holdings, a gap that highlights a clear mismatch between XRP's market cap and the actual availability of its blockchain. In other words, the average cryptocurrency trader seems to have no interest in the actual use of the XRP network, which is a worrying sign that suggests that most people only see XRP as a speculative asset. According to its official website, there are currently only 386 nodes and 96 validators on the XRP network, and as a comparison, Bitcoin has about 22,000 nodes, Ethereum has about 11,000, and Solana has 4,700 nodes. Cross-border payment advantages still exist However, Ripple is not completely without advantages, or it should be said that Ripple has chosen another track, it has firmly established itself as a critical infrastructure provider among global financial institutions, and these partners use Ripple's technology to optimize cross-border payment processes by reducing settlement time and costs, attracting the world's top banks and financial service providers, this strong institutional orientation is the potential demand for XRP. From this perspective, XRP plays a more strategic role in modernizing global financial transactions and bridging traditional finance with emerging digital payment solutions. Of course, whether this can support such a high market value of XRP still needs to be questioned, it completely focuses on traditional finance, and ignores the development of decentralized ecology, whether it can continue to maintain growth momentum in the future, it needs more time to observe. Related reports From cryptocurrency to space colonization" Ripple founder spends $1 billion to build a private space station: centrifugal force achieves artificial gravity The SEC v. Ripple case rumors that the "final result" will soon come out, and Ripple is expected to be acquitted and not fined for 4 years? Former SEC official: SEC is likely to suspend lawsuits against Binance, Ripple, and completely stop cryptocurrency-related investigations 〈Ripple settlement SEC is good? XRP ecological DEX single-day trading volume is less than $50,000..."This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".