XRP

The SEC has announced a private meeting to potentially discuss settling litigation cases like the Ripple lawsuit.

The XRP Ledger (XRPL) recently closed its 84 millionth ledger, underscoring the blockchain’s continued growth as a payments and smart contracts platform.

Cryptocurrency exchange CEX.io has relisted XRP after removing the token 2 years ago amid the SEC lawsuit against Ripple. The relisting comes after Ripple scored a partial legal victory in July, with the judge ruling that XRP is not a security.

Rumors circulated Monday that Blackrock registered an XRP ETF called “Ishares XRP Trust.” However, Blackrock confirmed the news was false. The fake news briefly sent the XRP price up to 7%.

After gains, XRP now confronts resistance around $0.70 and may see sideways trading before bulls can propel further upside movement.

Ripple’s XRP continues rallying in price even as Ripple Labs releases a scheduled 1 billion new tokens monthly, underscoring strong market demand.

Despite recent gains, XRP has fallen from the 4th largest crypto by market cap, yet analysts remain bullish on it reaching $1 in early 2024.

Toncoin (TON) and Ripple (XRP) have been added to the list of recognized digital assets by the Dubai Financial Services Authority (DFSA).

Xumm, a self-custodial XRP wallet, has partnered with Uphold to offer zero-fee transactions for XRP from October 30-31, 2023.

Recent legal victories have renewed investor interest in XRP, with whales moving hundreds of millions of tokens linked to Ripple and anonymous wallets.