If the XRP price manages to break above $0.51 then a further rally to $0.55 is expected.
Ripple is still planning to expand internationally despite the ongoing SEC pursuit.
Ripple’s relentless resistance against the United States SEC continues to attract attention from the crypto community at large. The firm plans to keep moving forwards with key innovations and collaborations. Ripple is still planning to expand internationally despite the ongoing SEC pursuit and bearish market sentiments.
According to David Schwartz, Ripple’s CTO, the arrival of an Automated Market Maker (AMM) has the potential to convert XRP’s renowned price volatility into yield. The AMM, which is a part of the latest upgrade to XRPLedger, is meant to capitalize on price fluctuations and increase demand for the cryptocurrency, particularly if its value declines. The majority of the interest this will generate will come from current XRP holders, which should lead to a net rise in purchasing pressure.
Ripple
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