I think the SEC case is deciding the direction here mainly. And on the whole that case appears to be grinding and gradually shifting into XRP's favour.

Things could still turn around to the detriment of XRP, but if they do then many other cryptocurrencies will get affected as well, and XRP will be one of the few coins where the drama has already been priced in to some extent.

But don't get me wrong: I'm not necessarily saying XRP is the ideal investment. After all, one doesn't gain much interest on holding XRP for instance ;).