Early indicators for XRP for the month of September suggest promising things to come. According to Santiment, an on-chain analytics company, XRP’s on-chain volume was at a seven-month high to start the month of September, its circulation was at a three-month high, and development activity was very strong. The analytics
Ripple Labs Inc. and its senior executives have strongly fought the SEC’s attempts to validate an interlocutory appeal. This case may play a significant role in determining the legal framework for cryptocurrencies in the United States, particularly whether or not XRP, Ripple’s native token, is an investment contract. The United
In a strategic move aimed at maintaining the liquidity of the XRP cryptocurrency, Ripple Labs has released a total of one billion XRP coins from its escrow accounts. The release was executed in four transactions, with the overall transferred XRP valued at $510 million. According to popular blockchain tracker Whale
XRP rallied strongly in July, surging 47.6% on the heels of a favorable court ruling in Ripple’s ongoing legal battle with the SEC. But the winds have now shifted for the fourth-largest cryptocurrency by market capitalization. Despite logging its second-best July price performance on record, Ripple appears on track for
In the current landscape, top cryptocurrencies , Bitcoin and Ethereum find themselves entrenched in a challenging period marked by a prevailing bearish trend. This trend has also cast a shadow over XRP, a prominent altcoin, as it contends with its own bout of bearish pressure. Despite clinching a legal victory
The XRP token, which is embroiled in a protracted legal fight with the U.S SEC, has been struggling amid the recent market downturn. Trading volumes for XRP have returned to pre-July decision levels in the SEC lawsuit. Despite the positive verdict, XRP’s amazing surge after the judgment failed to meet
Ripple (XRP), the world’s fifth-ranked cryptocurrency, has surpassed the leading altcoin as the most popular cryptocurrency in South Korea. According to the report, crypto traders in South Korea chose XRP as their first preference over other cryptocurrencies. On the other hand, Ripple has experienced a surge of around 2% in
The XRP Ledger (XRPL), the underlying blockchain behind the XRP cryptocurrency, has now closed over 82 million total ledgers. According to tracker XRPL Services, the exact ledger index recently reached 82,043,421, crossing another major milestone. This comes just over a month after XRPL closed its 81 millionth ledger. The continuous
XRP saw some recovery over the weekend after dropping to lows below $0.44 on August 17th. The altcoin closed back in the green on multiple days, prompting analysis firm Santiment to note XRP’s rebound along with other altcoins following last week’s broad crypto sell-off. Santiment suggested the bounce could continue
XRP, the fifth largest cryptocurrency by market capitalization, has surged by over 3.5% in the past 24 hours. This rally comes on the heels of a recent decline that saw XRP’s value plummet to a low of $0.47, marking a new low from its recent stable range of around $0.60.
