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4 reasons why the XRP price may explode higher soon Ripple has continued its strong bull run this year, outperforming other popular cryptocurrencies like Bitcoin and Ethereum. Ripple (XRP) has surged by over 52% in 2024, while Bitcoin is up by just 11%. Most popular altcoins, such as Cardano and Binance Coin, have barely moved. The first major reason for XRP’s upside potential is the ongoing growth of the XRP Ledger network. According to DeFi Llama, the total value locked in its DeFi ecosystem has risen to a record high of $82 million. The network is expected to continue expanding this year. For example, according to CoinGecko, some coins within the ecosystem, such as Sologenic and Crypto Trading Fund, have market caps exceeding $100 million. Others, like XRP Army, PHNIX, DROP, and Ripples, are slowly gaining market share. Second, Ripple USD (RLUSD) is experiencing significant trading activity. While its market cap remains at $72 million, its daily trading volume has been steadily increasing. In the past 24 hours, RLUSD recorded a trading volume of over $162 million, signaling active usage by holders. You might also like: XRP price rises as RLUSD stablecoin flips PYUSD on a key metric Third, there are rising odds that the Securities and Exchange Commission will approve multiple XRP ETFs this year. Canary, Bitwise, 21Shares, WisdomTree, and ProShares have all filed applications for spot Ripple ETFs. According to Polymarket users, there is a 78% chance that the SEC will approve these funds in 2024. #AnimecoinOnBinance #Xrp🔥🔥 $XRP
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XRP’s Post-Trump Price Surge: Analysts Predict Double Digits Donald Trump was sworn in as the 47th U.S. President on Monday (January 20), but his inaugural speech avoided any mention of Bitcoin or cryptocurrencies, leaving markets anticipating pro-crypto policies in the days ahead. During the event, Bitcoin experienced sharp price fluctuations, falling to $100,000 after peaking at over $109,000 overnight. XRP, however, stood out with a remarkable 488% surge since Trump’s election victory, outperforming most other cryptocurrencies during this period. a new chart has surfaced offering details into the possible price movement of XRP in the coming days and weeks. This chart compares the first quarter of 2017—following President Donald Trump’s inauguration—with the current market in early 2025. Back then, XRP experienced a massive 2200% rally. While analysts see a repeat of that scale as unlikely, they predict potential gains of 200% to 500%, s… The post XRP’s Post-Trump Price Surge: Analysts Predict Double Digits appeared first on Coin Edition. #TRUMPTokenWatch #Trumpinsight #Xrp🔥🔥
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BITCOIN REBOUND
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$XRP #ReboundOutlook As of today, January 14, 2025, the Securities and Exchange Commission (SEC) faces a critical deadline concerning its appeal against Ripple Labs Inc. in the ongoing lawsuit regarding the classification of XRP as a security: The deadline for the SEC to file its opening brief in the appeal is set for January 15, 2025. If the SEC does not submit this brief by the deadline, the appeal could be dismissed by the United States Court of Appeals for the Second Circuit. There has been considerable speculation about whether the SEC will actually proceed with the appeal, especially with the upcoming change in SEC leadership following Chair Gary Gensler's departure on January 20, 2025. Some analysts and lawyers suggest that the SEC might choose to abandon the appeal, given the political context and the potential for a shift in regulatory priorities under new leadership. The crypto community, particularly XRP holders, are closely watching this development, as the outcome could significantly influence XRP's market performance and regulatory status. The absence of this appeal could potentially lead to a more favorable environment for XRP and Ripple's operations, although the legal battle could still have long-lasting effects on how digital assets are regulated in the U.S. The SEC's decision could also impact broader market sentiment, with XRP's price showing signs of volatility as the deadline approaches. Market analysts have noted increased buying pressure on XRP, possibly due to optimism about the appeal's outcome or the anticipation of regulatory clarity. Please note, these insights are based on the latest available information from web sources and posts on X, reflecting the current situation as of today.
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Ripple’s $100,000,000 RLUSD Milestone Signals Strong 2025 Outlook for XRP Ripple has launched its new stablecoin, RLUSD, which is already seeing impressive trading volumes of over $100 million daily. Many are curious about how this move will impact XRP, and here’s what Austin, a former Ripple employee and co-founder of Omni Network, shared about Ripple’s strategy moving forward. "Liquidity is a flywheel. The more trading activity an asset has, the more incentivized other exchanges will be to integrate that asset. This idea is foundational to every initiative driven by Ripple. How are they applying this concept to their $RLUSD strategy?," he wrote on social media. Ripple’s RLUSD Strategy Revealed Austin King, who previously worked closely with Ripple’s co-founder David Schwartz, shared details on Ripple's approach to RLUSD. According to him, Ripple’s strategy is focused on driving adoption of RLUSD using a liquidity-driven model. The more trading activity RLUSD generates, the more exchanges and traditional finance companies will be incentivized to integrate it. Key Pillars of Ripple’s RLUSD Strategy Liquidity Hub and Tokenization: Ripple aims to make RLUSD the go-to asset for real-world asset tokenization and liquidity. This will be critical for onboarding traditional finance companies, positioning RLUSD as a central hub in the financial ecosystem. DeFi Dominance: Ripple plans to integrate RLUSD into decentralized finance (DeFi) protocols, including lending platforms, decentralized exchanges, and derivatives. The recent partnership with Chainlink to bring RLUSD to Ethereum-based DeFi protocols marks a significant step in this direction. Leveraging Existing Partnerships: Ripple has a strong network of banks and fintechs through RippleNet. This existing infrastructure will be used to drive RLUSD adoption, making it easier for Ripple to introduce the stablecoin to its partners. Austin believes that 2025 is set to be a huge growth year for Ripple and RLUSD, with stablecoins playing a central role in global payments. #XRPRealityCheck $XRP
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