DeFi

Coin

<ul class="news-points">
 <li>XRP stuck near $0.50 amid SEC case; market awaits update.</li>
 <li>XRPL usage jumps despite legal battle, a sign of user confidence.</li>
 <li>Bearish signals present, caution advised for XRP traders.</li>
</ul>
<a href="https://coinedition.com/ripples-xrp-indicators-point-to-major-price-shift-amid-market-volatility/" rel="noopener noreferrer nofollow">Ripple’s XRP</a> remains near the pivotal $0.50 mark amidst speculations of updates in the ongoing SEC lawsuit. Today’s trading sees the cryptocurrency stuck near this price point, reflecting market sentiment tied to legal battles and increased activity on the XRPL.
<a href="https://coinedition.com/xrps-low-volatility-a-function-of-ripples-legal-battle-with-the-sec/" rel="noopener noreferrer nofollow">Despite the volatility</a>, XRP has managed to climb by 0.37% over the last day, essentially holding onto its position despite broader market uncertainty. In addition, the bitcoin market is also closely watching updates in Ripple’s ongoing <a href="https://coinedition.com/xrp-army-heres-what-to-expect-in-sec-ripple-case-this-week/" rel="noopener noreferrer nofollow">legal dispute</a> with the SEC. Market participants believe that future updates could significantly impact XRP’s value and adoption in financial systems.
Notably, XRP locked within XRPL’s DeFi protocols has surged. According to crypto enthusiast Bill Morgan, the total locked XRP soared from 5.1 million to approximately 5.9 million within just six days. This growth reflects heightened participation and confidence in the XRP Ledger’s capabilities and future prospects.
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The post <a href="https://coinedition.com/xrp-awaits-sec-update-xrpl-activity-surges-price-stuck-in-limbo/" rel="noopener noreferrer nofollow">XRP Awaits SEC Update: XRPL Activity Surges, Price Stuck in Limbo</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

XRP Awaits SEC Update: XRPL Activity Surges, Price Stuck in Limbo

Coin Edition

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