🚀 Ripple's Q3 2024 report is out! Transparency is the name of the game as they dive into XRP’s legal status and market dynamics. 🌐

Key highlights:

- U.S. presidential race, macroeconomics, and Ethereum ETF delays shaped market sentiments.

- Fed's rate cut led to a crypto surge: Bitcoin up 10%, altcoins up 50%.

- Ethereum ETFs saw $522M inflows; Bitcoin ETFs steady at $18.5B.

- Ripple CEO emphasized the market's demand for institutional XRP products.

- XRP and Bitcoin now have regulatory clarity in the U.S.

- SEC continues its legal battles, but Ripple remains optimistic.

XRP trading volumes soared with a 27% rise in XRP/BTC ratio and increased on-chain activity. Exciting times ahead! 🚀