Ripple's XRP has been making significant developments recently featuring in numerous news updates. Despite the bullish options' popularity jump speculated to be due to ETF speculations, Ripple's stablecoin is drawing closer to its debut, implying a tight competition. The Indian-UAE oil transaction using XRP ledger seems to signal the possible catalyst for altcoin growth.
XRP recently experienced a huge surge following the announcement of Ripple's in re lawsuit outcome. As the price skyrocketed, South Koreans were leading the charge.
There were strategic partnerships between Ripple and SBI to boost the XRP Ledger. Ripple reported its successful testing of its stablecoin on Ethereum and XRP Ledger. Despite allegations that Ripple and SEC were stage managing lawsuits to make
XRP the first regulated cryptocurrency, the recent market trends show
XRP's credible performance.
Ripple has started beta testing USD-pegged stablecoin on
XRP Ledger and Ethereum. However, some experts suggest it would never boost
XRP to $1000. Similarly, the expectations of XRP explosion may never materialize. Opponents suggest SEC could annihilate Ripple despite its legal victory. However, Litecoin and Bitcoin may explode following XRP's win.
Ripple's unexpected victory over SEC resulted in a surge in XRP, thus giving investors a reason to hold on or take profits.
XRP Coin News Analytics from Sat, 01 Jun 2024 07:00:00 GMT to Wed, 14 Aug 2024 11:12:30 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 3
