$XRP Latest XRP News (25 May 2024):
Law case:
* #Ripple vs #SEC trial still ongoing: The trial of Ripple Labs' lawsuit by the United States Securities and Exchange Commission (SEC) is still ongoing. An important judge's decision could have a significant impact on the price of XRP.
* Ripple is optimistic about winning the case: Ripple CEO Brad Garlinghouse is confident that Ripple will win the case. He said that the SEC did not have enough evidence to prove that #XRP was a security.
Development:
* XRP Ledger used for cross-border payments: Ripple continues to develop the XRP Ledger for use in cross-border payments. Several companies are already using the XRP Ledger to make international payments at a lower cost and faster.
* XRP Ledger is used for DeFi: XRP Ledger is also used to develop decentralized finance (DeFi) applications. Several new DeFi projects launched on the XRP Ledger in recent months.
Price:
* Today's XRP price is $0.3994, up 1.23% in the last 24 hours.
*XRP market cap is $19.91 billion.
*XRP's 24-hour trading volume is $3.48 billion.
Analysis:
* Analysts predict that XRP prices may rise in the long term if Ripple wins its legal case against the SEC.
* However, short-term XRP prices may fluctuate due to overall cryptocurrency market conditions.