XRP and Uniswap Networks Witness Remarkable Growth
XRP and Uniswap have demonstrated a considerable increase in the number of new addresses.
This growth reflects heightened investor interest and expanding market activity.
XRP and Uniswap have demonstrated a considerable increase in the number of new addresses.
This growth reflects heightened investor interest and expanding market activity.
Cryptocurrency analyst Josh Olszewicz recently expressed skepticism about Ripple’s XRP’s profitable trading asset viability.
Highlighting the cryptocurrency’s lackluster performance, Olszewicz remarked on its stagnant price since 2018, labeling it “dead money.
Recent data highlights a significant downturn in the open interest of major cryptocurrencies such as Dogecoin (DOGE), Solana (SOL), and Ripple (XRP).
With a combined drop of 51%, these altcoins spark debate over the implications for their future market positions.
Ripple, the entity behind crypto asset XRP, announced a partnership with Tokyo-based HashKey DX. The collaboration aims to roll out innovative XRP Ledger (XRPL)-powered solutions.
Read moreRipple Labs has firmly opposed the U.S. Securities and Exchange Commission’s (SEC) hefty penalty proposal, with a filing that could set a precedent for the cryptocurrency industry.
Read moreJapan’s SBI Group has announced plans to issue non-fungible tokens (NFTs) on the XRP Ledger for the upcoming World Expo 2025 in Osaka. SBI Group is a financial service conglomerate based in Japan.
This initiative aims to integrate blockchain technology to enhance visitor interactions seamlessly.
Ripple is leading an initiative to bolster the XRP Ledger’s (XRPL) decentralized finance (DeFi) capabilities with an on-chain lending protocol.
The proposal, labeled 0066 XLS—66d, aims to establish a censorship-resistant DeFi ecosystem within the network.
Ripple, the company behind the XRP Ledger, has announced its entry into the stablecoin market, a sector currently dominated by players like Tether’s USDT and Circle’s USDC.
The new stablecoin, yet to be named, will be pegged to the US dollar and is expected to launch later this year.
On March 29, Ripple senior executives held a settlement conference with the US Securities and Exchange Commission (SEC) officials, fueling rumors about a potential case resolution between the entities.
Read moreThe US Securities and Exchange Commission (SEC) is aggressively pursuing a $2 billion fine against Ripple Labs.
The heart of the matter dates back to 2013 when Ripple allegedly initiated fundraising through the sale of XRP without proper registration.
XRP’s value climbed to $0.74, marking a significant uptick and positioning itself as the standout performer in a broadly bullish cryptocurrency market.
This market rally saw Bitcoin (BTC) and Ethereum (ETH) also enjoy modest gains of 2% to 4% over the last 24 hours.
Ripple executed a notable transaction today that drew significant community attention.
Whale Alert reported the release of approximately 400 million XRP tokens, valued at around $217 million.
Ripple CEO Brad Garlinghouse thinks that an XRP exchange-traded fund (ETF) is inevitable following the approvals of Bitcoin ETFs. He said that more crypto ETFs could diversify risk, and the SEC’s case against the company has been resolved in ‘all the ways’ the company cares about.
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