XRPL Labs Archives - Page 2 of 3

XRP Emerges as Most Traded Altcoin of 2023, Surpassing $150 Billion Cumulative Volume on CEXs

26Jul

By OLAJIDE SAMUELNo Comments

XRP News

XRP Emerges as Most Traded Altcoin of 2023, Surpassing $150 Billion Cumulative Volume on CEXs

In a groundbreaking turn of events for the cryptocurrency market, XRP has asserted its dominance as the most traded altcoin of 2023, according to market data from Kaiko, a highly regarded source for crypto information across various networks. The research firm recently took to Twitter to reveal that XRP's cumulative trade volume on prominent centralized exchanges (CEXs) has soared past the $150 billion mark and is now inching closer to the $175 billion territory. Read Also: Prominent Developer Alleges Market Manipulation in Terra Classic (LUNC) - Community in Turmoil https://twitter.com/KaikoData/status/1683513794536906752 Kaiko's graph showcased the remarkable performance of numerous altcoins, but it was XRP that stood out as the clear winner, outperforming its closest rival by a...

Ducati Roars into Web3 with XRP Ledger Partnership, Unveiling NFT Digital Collectibles

25Jul

By OLAJIDE SAMUELNo Comments

XRP News

Ducati Roars into Web3 with XRP Ledger Partnership, Unveiling NFT Digital Collectibles

Italian motorcycle giant Ducati has accelerated into the world of web3, announcing a groundbreaking collaboration with Web3Pro and XRP Ledger (XRPL) to introduce a series of exclusive digital collectibles in the form of Non-Fungible Tokens (NFTs). This strategic move aims to drive real-world adoption of blockchain technology while offering Ducati enthusiasts an immersive experience into the brand's captivating journey. Read Also: Bloomberg Strategist Mike McGlone Reiterates $100,000 Bitcoin Price Prediction Despite Potential Dip https://twitter.com/DucatiMotor/status/1682087851641454592 Scheduled for release on July 26, the first collection of NFTs will be a limited-edition video compilation showcasing the evolution of Ducati logos on motorcycles from 1946 to 2023. The compilation...

XRP Faces Uncertainty Amidst 777% Rally Forecast Following SEC Ruling. Is 777% Feasible?

19Jul

By Raliat IdrisNo Comments

XRP News

XRP Faces Uncertainty Amidst 777% Rally Forecast Following SEC Ruling. Is 777% Feasible?

In the aftermath of the recent ruling in the Ripple v. SEC lawsuit, XRP, the cryptocurrency associated with Ripple, experienced an explosive pump but is now struggling to maintain its $0.75 threshold. Notably, renowned chartist Egrag has made an audacious prediction of a 777% rally for XRP within the next seven days, drawing parallels with historical data from 2017. However, investors are cautioned to exercise prudence and not take this projection as investment advice. Read Also: XRP Surges to Dominance in Crypto Market After Landmark Court Ruling https://twitter.com/egragcrypto/status/1680473204031102976 The excitement surrounding XRP's potential surge stems from Judge Analisa Torres' ruling in the Ripple v. SEC lawsuit, which triggered a massive pump in the cryptocurrency's pric...

XRP Trading Volume Surges to $10.4 Billion Following Ripple vs. SEC Ruling

17Jul

By Adaralegbe Tosin MNo Comments

XRP News

XRP Trading Volume Surges to $10.4 Billion Following Ripple vs. SEC Ruling

In a recent ruling favouring Ripple Labs in the highly anticipated Ripple vs. SEC case, XRP, the digital asset associated with Ripple, experienced a significant surge in trading volume. On July 13, XRP's trading volume reached an impressive $10.4 billion. While this figure may seem substantial, it ranks as the 76th largest daily trading volume recorded on CoinMarketCap (CMC) for XRP, highlighting the immense potential of the cryptocurrency. Read Also: LUNA Rebels Launch Campaign to Restore LUNC to $119, Advocating for Token Value Recovery Leonidas, the host of the popular crypto YouTube channel XRPArcade, noted this recent surge in XRP trading volume and emphasized its historical context. In a tweet, Leonidas acknowledged the $10.4 billion spike in volume while pointing out that it f...

XRP TipBot Returns to the Crypto Community with Modified Functionality

13Jul

By OLAJIDE SAMUELNo Comments

XRP News

XRP TipBot Returns to the Crypto Community with Modified Functionality

In a recent tweet, Forex Cadet, the author of the XRPL TipBot xApp, shared exciting news about the return of the XRP TipBot to the crypto community. The TipBot, a popular tipping service on the XRP Ledger (XRPL), had been temporarily disabled due to changes in Twitter's API access policy. However, after implementing the necessary modifications, the TipBot is now back in service, albeit with a few minor issues. https://twitter.com/ForexCadet/status/1679109069712310272 XRP TipBot returns to the crypto community Forex Cadet expressed relief at the TipBot's return but cautioned users about potential delays in detecting tweets. While the functionality of the TipBot remains intact, the modifications made in response to Twitter's policy changes took longer than anticipated. Therefore, users ...

Ripple Submits Evidence Document to U.K. Parliament, Advocating for XRP and Crypto Adoption

12Jul

By OLAJIDE SAMUELNo Comments

XRP News

Ripple Submits Evidence Document to U.K. Parliament, Advocating for XRP and Crypto Adoption

In a recent development, Ripple, a prominent blockchain technology company, has submitted a comprehensive evidence document to the U.K. parliament, emphasizing the benefits of XRP and cryptocurrencies to the country. Despite the document being dated September 2022, it showcases Ripple's ongoing efforts to communicate with the U.K. government regarding the adoption of XRP and crypto, as well as their potential economic and financial advantages. Read Also: FTX Launches Debtors' Customer Claims Portal, Offering Hope for Crypto Refunds https://twitter.com/edward_farina/status/1678773959683371009 Evidence document to bring crypto adoption Edward Farina, Head of Social Adoption at XRP Healthcare, took to Twitter to draw attention to the document, highlighting its significance within the ...

New York Fed’s Digital Dollar Test Reveals Potential Role for XRP and Wholesale Payments Improvement

8Jul

By OLAJIDE SAMUELNo Comments

XRP News

New York Fed’s Digital Dollar Test Reveals Potential Role for XRP and Wholesale Payments Improvement

In a recent video released by Digital Perspectives, a prominent YouTube channel, the extensive testing conducted by the New York Federal Reserve on the digital dollar has been brought to light. The presenter highlighted the potential involvement of XRP, among other similar platforms, in the experiment, sparking discussions about the role of XRP in the future of digital currency. Read Also: Terraport Relaunches DeFi Platform After Recovery from Hack The role of XRP explained The test, which spanned over 12 weeks, took place on a private blockchain network that required permission to participate. While the specific private network used was not disclosed, the presenter suggested the potential utilization of the XRP Ledger or other similar platforms in the experiment. Notably, the test sh...

XRP Price Targets and Growth Potential Outlined by Prominent Influencers and Analysts

6Jul

By OLAJIDE SAMUELNo Comments

XRP News

XRP Price Targets and Growth Potential Outlined by Prominent Influencers and Analysts

In a recent series of tweets, well-known influencer Crypto Assets Guy provided a set of price targets for XRP, emphasizing the importance of maintaining realistic expectations within the XRP community. Crypto Assets Guy outlined several milestones and events that could potentially drive the price surge of XRP in the future. Crypto Assets Guy Predicts XRP Price to $3.50 According to Crypto Assets Guy, the first significant price target for XRP is $3.50, which could be reached following a settlement announcement. This suggests that the resolution of ongoing legal issues surrounding Ripple could have a positive impact on the price of XRP. The influencer then mentioned that the relisting of XRP on US exchanges could further propel the price to $5. Read Also: Binance Welcomes Verge (XVG) a...

Attorney John Deaton Reiterates XRP’s Non-Security Status, Draws Comparisons to GRAM Token

4Jul

By OLAJIDE SAMUELNo Comments

XRP News

Attorney John Deaton Reiterates XRP’s Non-Security Status, Draws Comparisons to GRAM Token

In a recent Twitter thread, Attorney John Deaton, Managing Partner at Deaton Law Firm, emphasized XRP's Non-Security Status. Deaton, a prominent crypto advocate, expressed confidence that Judge Analisa Torres would address the issue of XRP secondary sales and the token's classification in the ongoing SEC vs Ripple case. This assertion follows Deaton's earlier comment suggesting that the judge would discuss these aspects. Read Also: BONE Surpasses ETH and BTC, Attracting Attention from Seasoned Crypto Enthusiast Eric Cryptoman https://twitter.com/JohnEDeaton1/status/1675913360469110792 Deaton fights continuously on XRP's Non-Security Status Deaton disagreed with other experienced lawyers who believed that Judge Torres would avoid commenting on the token itself. According to Deaton, ...

Analyst Egrag Forecasts Potential XRP Breakout Between July and December, Triggering Speculation of a $15 Rally

1Jul

By OLAJIDE SAMUELNo Comments

XRP News

Analyst Egrag Forecasts Potential XRP Breakout Between July and December, Triggering Speculation of a $15 Rally

Renowned analyst and chartist Egrag has recently provided an intriguing update on the projected timeframe for a potential breakout of XRP, the digital asset associated with Ripple. In his latest analysis, Egrag suggests that XRP may experience a significant rally between July and December, with a focus on the narrow window of September to November. Read Also: Austin Hilton, CEO of The Redhill Group, Highlights Significant Developments in Shiba Inu (SHIB) Ecosystem and Anticipated Shibarium Launch https://twitter.com/egragcrypto/status/1674309446753722368 Analyst Egrag Predicts based on his former June prediction. Egrag's analysis builds upon his previous post on June 2, where he introduced the concept of the XRP Bent Fork and forecasted a possible rally to $15. The analyst's meticu...