Preference For Ripple XRP Surges Among BSC Whales

There has been a long ongoing lawsuit between Ripple (XRP) and the United States Securities and Exchange Commission (SEC). Throughout the case, Ripple's native token, XRP, has not seen any progressive growth.

Timeline of Bowscoin, Xrp

A new ripple study shows Latin Americans are the most bullish on crypto and the Middle East is up next while Europe is at the bottom as we are reading more in today's Ripple news and analysis.

Ripple's XRP closed the week with an interesting jump in its trading volume in the final trading hours of 15 July. As per data from Santiment, the token registered a surge of up to 18.7 billion in its trading volume.

XRP Ledger co-creator and Stellar founder Jed McCaleb, made it known in a Zoom call with CTC News reporters on Friday, that he won't be selling his last 5 million XRP, he explained that the remaining tokens would be some form of security for his family. End of an eight-year dumping spree In what seemed The post Former Ripple CTO Jed McCaleb Decides To Hodl Last 5 Million XRP “Just In Case it Moons appeared first on CoinGape.

A new Ripple survey reveals what experts think about the potential for one crypto niche to see widespread mainstream adoption. In the fall of 2021, Ripple asked over 1,600 business participants across 22 countries to discuss what they thought of central bank digital currencies (CBDCs).

XRP, Ripple's native token price growth has been hindered by the ongoing lawsuit with U.S SEC. Recent positive rulings by the court in the favor of the blockchain firm have pushed the token to register a price surge.

The U.S SEC vs Ripple lawsuit has reached a crucial point where the court has denied the commission's claims over the Hinman speech related documents. Meanwhile, the defendants have filed another request related to the amici motion.

Santiment, an on-chain analytics platform, recently highlighted a significant surge in trading activity across the XRP network. On Friday, XRP trading volume reached 18.7 billion after a major boost in activity during the late hours of the day.

The long-time battle between Ripple and SEC is just a few days away from summary judgment. Everyone in the crypto space are eagerly waiting to see that the lawsuit finds an end. As per Crypto-Law.US founder, John Deaton, the crypto community is of the opinion that the Ripple will not settle anytime soon.

On Wednesday (July 13), David Schwartz, an architect of XRP Ledger (XRPL) and Ripple's Chief Technology Officer (CTO), talked about transaction costs on XRPL. XRPL was created in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto, and its native digital asset is XRP.

As the Ripple Vs U.S SEC lawsuit approaches the summary Judgement, the anticipation of cracking a settlement between the parties is on the top of everyone's head. Meanwhile, the XRP holder's lawyer has cleared the air over this dispute.