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Analysts attribute XRP's rise to the third-largest cryptocurrency by market cap to optimism around regulatory changes and Ripple's ecosystem expansion. What Happened: Speaking with Benzinga, industry experts highlight how Ripple's (CRYPTO: XRP) business growth, including the launch of its RLUSD stablecoin, and potential shifts in SEC leadership are driving demand for XRP.
The trading volume for the XRP/KRW pair on South Korea's Upbit exchange surpassed $7 billion earlier today, according to data provided by CoinMarketCap.
XRP (Ripple) price has surged to its highest levels in six years, reaching new milestones amid growing optimism around the coin's ecosystem. The coin has skyrocketed approximately 450% over the past 30 days, making it one of the best-performing cryptocurrencies in the market.
As the crypto market prepares for a new season of growth, XRP has opted to reduce its reserves 10 times lower. The current adjustment reflects a decrease to $2.64 from $26.40.
Ripple Labs-backed XRP Ledger (XRPL) has launched a new software update, marking another enhancement for the layer-1 protocol. With this update, developers must update the latest version, dubbed rippled 2.3.0.
Cardano could be the next to surge after XRP, as the ADA price shows signs of an imminent market recovery. A crypto analyst has projected that the ADA price could experience an epic breakout to $4.88 this bull cycle.
The US SEC's lead attorney in the Ripple lawsuit, Jorge G. Tenreiro, has joined the agency as its Chief Litigation Counsel, sparking discussions in the crypto market.
The trading volume of popular cryptocurrency XRP on the leading U.S. crypto exchange over the past 24 hours has temporarily exceeded the combined turnover of Bitcoin (BTC) and Ethereum (ETH) today.
TRON (TRX) performed one of the biggest sleeper rallies, and is one of the assets with no drawdowns since the start of 2024.
For XRP Ledger, this decision to lower barriers for new users on the network also frees up funds it previously held in reserve.
XRP whale activity hits a all-time high. Ripple whales have been actively purchasing buying 160 million tokens worth $380 million.
A crypto analyst who accurately predicted the XRP price jump to the $2.8 milestone has made another bold prediction for the cryptocurrency. The analyst recently shared a technical analysis of XRP based on the Elliott Wave Theory, identifying price wave patterns and their implications on the cryptocurrency's future trajectory in the mid-to-long term.
Ripple has emerged as one of the best-performing cryptocurrencies in this bull run, jumping by almost 500% from its lowest level in November.
The minimum amount of XRP that must be held in an account to keep it active was previously lowered from 20 XRP to 10 XRP in 2021.
XRP, the third largest cryptocurrency by market capitalization, has seen a massive price gain, reaching a near-seven-year high of $2.90, last seen in January 2018.
As the crypto market gains momentum, the Solana price has grown notably, reaching impressive highs over the past week. This surge suggests a potential breakout, with bullish sentiment building around the coin.
Ripple is on the rise: massive accumulation, staggering forecasts, and XRP in the race to triple its historical records.
There are some unique twists and turns in the broader digital currency ecosystem, with Tron (TRX) and XRP notably entering the spotlight. While XRP has visibly led the market rally over the past month, XRP is now playing catchup.
The cryptocurrency world is buzzing with excitement as XRP's price surged to a six-year high of $2.31. The question on everyone's mind: Could XRP finally dethrone Bitcoin as the leader of the crypto market?
The crypto industry has had a relatively tough day today, as the optimism amongst market players has been losing steam. This has been evident with the Fear & Greed Index, which has dropped from an extreme greed score of 81 during early Asian trading hours to a current score of 78.
As XRP soars 88% in seven days, Ripple ecosystem meme coins are experiencing explosive growth, drawing traders from across major blockchains.
On December 3, Tuesday, IOTA price surged 60% on the back of a crucial network update. This massive rally is in line with the veterans like Ripple (XRP) and Stellar Lumens (XLM).
On December 2, the XRP Ledger introduced a substantial upgrade, reducing its reserve requirements by 90%. This change enables new users to initiate their wallets with just 1 XRP, a considerable decrease from the previous 10 XRP. The post XRP Cuts Reserve Requirements by 90% to Allow Wallets with Lower Amounts appeared first on Cryptonews.
In a recent tweet, Ripple published a hilarious video anti-scam reminder, with the company's CEO, Brad Garlinghouse, featured as its star.
