The post Top Reasons Why XRP Price Is Flourishing Despite The SEC Lawsuit appeared first on Coinpedia Fintech News
The XRP market has demonstrated immense potential in revolutionizing cross-border payments. Despite the ongoing SEC vs Ripple lawsuit, XRP continues to thrive globally, with a traded volume of approximately $1.58 billion in the last 24 hours. With a fully diluted valuation (FDV) of around $50 billion, the XRP market is poised for further growth post-lawsuit resolution.
Rising XRP Holders
On-chain analysis by Coinmetrics reveals a rapid increase in the number of XRP addresses holding more than $10k. This surge brings them close to an all-time high (ATH), indicating growing interest and investment in XRP.
XRP Social Volumes Reach Yearly High
Santiment data highlights a remarkable surge in XRP social volumes, reaching the highest level in over a year. Over the past 19 days, the XRP price has risen by approximately 22 percent, making it the top trending digital asset. The on-c
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