According to ChainCatcher, Ripple CTO David Schwartz posted on social media that the continued sluggish performance of XRP and the broader crypto industry is because the market is not sure whether the crypto market will become the next big thing, just like what happened to Google in 2000: At that time, the technology industry was also skeptical about whether search engines could provide billions of dollars in value, and cryptocurrencies are currently in a similar situation, causing prices to fluctuate due to investor sentiment. Ultimately, as the crypto field matures, the market will make a choice. (Source link)