XRP experienced a 100% price increase following a court ruling that XRP sales to retail investors do not qualify as securities in the SEC's case against Ripple. However, technical and network usage data suggest a short-term pullback. While XRP's trading interest is increasing, the number of transactions on the XRP Ledger has remained consistent for over a year, indicating a scarcity of new entities actively participating in the network. Despite this, Ripple is ramping up efforts for XRP Ledger adoption, with plans to re-establish ties with banks and participate in a $54 million investment in a metaverse project.
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XRP Price Surges 100% After Landmark Ruling, But Network Growth Stalls
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A wallet address spent 27 SOL to buy KM, with a floating profit of about $650,000
after changing his nickname to "Kekius Maximus", Elon Musk's Solana-based meme coin, KM (Kekius Maximus), grew 100 times. A wallet address spent 27 SOL (about $5,200) to buy 18.1 million KM, which is now worth $655,000 with a return on investment of 126 times. -
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The Republican candidate laid out a plan for crypto policies should he win in November against prospective Democratic presidential nominee Kamala Harris.
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Bloomberg ETF Analyst: XRP ETF may be the next exchange-traded fund product to be launched
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The US SEC has returned the S-1 form to the potential Ethereum ETF issuer with a few comments, asking it to fix the problem and resubmit.
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