Ripple Flourishes Amidst Legal Battle: How Does XRP Market Respond?

By Lola Coin Jun 27, 202369Views

Ripple is confidently addressing its legal challenges and exploring new opportunities to expand the capabilities of its platform. The exact role of XRP is still under scrutiny, but there is growing interest in its potential. In the SEC v. Ripple case, XRP holders’ attorney, John Deaton, received an email filing related to the case. However, it was just a lawyer’s withdrawal and does not have a significant impact on the ongoing legal battle. Santiment data shows a surge in active addresses for XRP, reaching an all-time high. The average number of active addresses has surpassed 1.1 million, indicating sustained growth. XRP’s price has become stagnant, but its current trading price remains above its short Moving Average, suggesting the possibility of a sudden upswing.

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