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🚨JUST IN: SEC DROPS LAWSUIT ON ETHEREUM AND HINTS AT ENDING RIPPLE-SEC LAWSUIT FOR $XRP!
Currently priced at just $0.79, the #CTF Token is projected to surge to over $1,497, even with a market cap of just $40 billion. This is minimal given the potential transaction volume of $30-$50 trillion
The #XRP Ledger is expected to manage between $30 trillion and $50 trillion by 2025, with all transactions transitioning into the CTF Token, the premier and exclusive DeFi token on the #XRPL
Currently priced at just $0.79, the #CTF Token is projected to surge to over $1,497, even with a market cap of just $40 billion. This is minimal given the potential transaction volume of $30-$50 trillion
The #XRP Ledger is expected to manage between $30 trillion and $50 trillion by 2025, with all transactions transitioning into the CTF Token, the premier and exclusive DeFi token on the #XRPL
💥💥💥 Top Analyst Predicts Massive Bullish Breakout for $XRP Amid Coiling Pattern
XRP's current chart pattern suggests a potential breakout and surge beyond the $20 mark, driven by narrowing trading ranges and converging price movements. This coiling pattern, coupled with declining trading volumes, indicates a probable upward trajectory in the near term.
In addition to technical indicators, experts are optimistic about XRP's future price performance. One analyst forecasts a substantial rise from its current level around $0.50 to a range between $50 and $200. This bullish outlook reflects expectations of significant growth, potentially surpassing previous all-time highs.
Even analysts with a more neutral stance acknowledge XRP's resilience, noting its ability to maintain critical horizontal support levels. This consistency adds credibility to the positive projections for XRP's price movement.
Fundamentally, XRP possesses several strengths that could bolster its value. It enjoys legal clarity as it is recognized as not being a security in the United States. Moreover, its practical applications in real-world scenarios, utilizing advanced #XRPL technology, and partnerships with major financial institutions and corporations, contribute significantly to its appeal. XRP's efficiency in facilitating global fund transfers, strong community backing, and the expertise of Ripple's team further position it as a pivotal player in the financial sector, enhancing its potential for substantial growth.
Source - cryptonewsland.com
#cryptotrend2024 #BinanceSquareTalks #CryptoMarkets
XRP's current chart pattern suggests a potential breakout and surge beyond the $20 mark, driven by narrowing trading ranges and converging price movements. This coiling pattern, coupled with declining trading volumes, indicates a probable upward trajectory in the near term.
In addition to technical indicators, experts are optimistic about XRP's future price performance. One analyst forecasts a substantial rise from its current level around $0.50 to a range between $50 and $200. This bullish outlook reflects expectations of significant growth, potentially surpassing previous all-time highs.
Even analysts with a more neutral stance acknowledge XRP's resilience, noting its ability to maintain critical horizontal support levels. This consistency adds credibility to the positive projections for XRP's price movement.
Fundamentally, XRP possesses several strengths that could bolster its value. It enjoys legal clarity as it is recognized as not being a security in the United States. Moreover, its practical applications in real-world scenarios, utilizing advanced #XRPL technology, and partnerships with major financial institutions and corporations, contribute significantly to its appeal. XRP's efficiency in facilitating global fund transfers, strong community backing, and the expertise of Ripple's team further position it as a pivotal player in the financial sector, enhancing its potential for substantial growth.
Source - cryptonewsland.com
#cryptotrend2024 #BinanceSquareTalks #CryptoMarkets
XRP Ledger (XRPL) L2 Evernode Hits Major Node Issue, What’s Happening?
#Write2Earn Evernode (EVR), the Layer-2 scaling solution on the #XRPledger has stopped processing #transactions as hosts got registered as inactive🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice. #Evernode (EVR), the layer-2 scaling solution built on the XRP Ledger (#XRPL ) has run at a minor hiccup on its network in about a week since it went live after much postponement. The Evernode (EVR) GlitchAccording to the update shared by Evernode on its X account, the rapid growth in the number of node hosts has spurred a major glitch that is affecting transaction settlement. The launch of Evernode came with so much fanfare. Despite the delay in the eventual launch of the protocol, it still recorded a massive embrace as showcased in the total number of addresses that participated in the EVR airdrop. The same growth tempo is now being maintained in the number of node operators.“With the rapid increase in Hosts we are seeing a number of Xahau ‘heartbeat’ txns not succeed, despite multiple retries. This makes the Hook treat those Hosts as inactive. We’re investigating the cause and the fix,” Evernode said in the update shared on X.Evernode HostsWith the rapid increase in Hosts we are seeing a number of Xahau “heartbeat” txns not succeed, despite multiple retries.This makes the Hook treat those Hosts as inactive. We’re investigating the cause and the fix.More as soon as we know have the answer.— Evernode – rEvernodee8dJLaFsujS6q1EiXvZYmHXr8🪝 (@EvernodeXRPL) January 21, 2024While the investigation is ongoing, the Evernode/Xahau Explorer has shown some sparing transactions with the last two featuring a transfer of 31.69 EVR and 88.94 EVR. Though the node glitch is not entirely a good network outlook, the hiccup is a subtle sign of growth for Evernode and the $XRP Ledger evolution. What the Evernode team is tasked with now is to turn this blown-out adoption into its strength by expanding the protocol’s bandwidth.As noted in the update shared on X, more details will be unveiled as soon as new discoveries are made.Evernode Joins Precedent SettersThe impact of the hiccup in transaction settlement, while not very pronounced as of writing, has set Evernode on a similar pedestal as protocols on other chains that have suffered similar network halts.The Solana ($SOL ), prior to its rejuvenation was associated with a series of outages that once threatened its growth. With so many fixes and regular upgrades, Solana soon got freed from these outages and is now one of the most stable protocols around today.Shiba Inu’s Ethereum scaling solution Shibarium is also one of the Layer-2 protocols that recorded a massive outage at launch, as it got overwhelmed with traffic congestion at launch in August last year. With targeted engineering work, Shibarium was back on track and a similar trend might be ahead for Evernode.
Ripple CTO: XRPL to Lead in Tokenization of Real-World Assets in 18 Months
The Ripple Chief Technology Officer, David Schwartz, has expressed optimism about the XRP Ledger’s potential in real-world asset tokenization projects.
Read more on: https://thecryptobasic.com/2023/10/16/ripple-cto-xrpl-to-become-favored-platform-for-tokenized-real-world-assets-within-18-months/
#XRPL #crypto #crypto2023 #cryptonews
Read more on: https://thecryptobasic.com/2023/10/16/ripple-cto-xrpl-to-become-favored-platform-for-tokenized-real-world-assets-within-18-months/
#XRPL #crypto #crypto2023 #cryptonews
JUST IN 🚨🚨 Massive #XRP Buying Volume Is From US🇺🇲 Someone Knows Something Lawsuit Coming To An End.
💥💥💥💥🚀🚀🚀🚀🚀🚀
we are entering to the Bullrun 2024.
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#Write2Earn #RippleVsSEC #RippleUpdate #XRPL $XRP
💥💥💥💥🚀🚀🚀🚀🚀🚀
we are entering to the Bullrun 2024.
you can also give me a tip it will help me to bring latest news analysis for you.
thanks
#Write2Earn #RippleVsSEC #RippleUpdate #XRPL $XRP
#Ripple 's XRP Ledger ( #XRPL ) is undergoing an upgrade, supported by over 80% of validators, with a focus on improving functionality by addressing obscured order books. The upgrade, known as #fixReducedOffersV1, aims to enhance decentralized exchange (DEX) experiences and requires an 80% consensus within a 14-day period for activation. Users are urged to update their software to version 1.12.0, which not only includes bug fixes but also introduces significant additions like fixReducedOffersV1, impacting Automated Market Maker ( #AMM ) and Clawback functions. The update is considered a milestone in XRPL's evolution, solidifying its position as a prominent decentralized public blockchain. Additionally, discussions at the Apex 2023 conference highlight ongoing developments, particularly the #XRPL EVM sidechain update, showcasing the community's active engagement and interest in testing innovative features on the XRPL Devnet. The successful security audit of the Xahau sidechain further contributes to XRPL's positive outlook.
#Write2Earn XRP Price Rebirth and Bitcoin Influence, Here's Correlation
$XRP and Bitcoin exhibiting intense correlation as price soars to multiyear high
The XRP price has joined the broader crypto market rally as the coin has successfully wriggled out of the bear zone, jumping 1.3% at the time of writing to $0.5197. Over the past week, XRP has erased its losses and is now up by 3.85%, while simultaneously trimming its monthly loss to 9.2%.
Impact of #BTC correlation
The resurgence in Bitcoin’s price, which pushed the premier digital currency to a three-year high of $50,358.39, had a tremendous impact that surpassed market expectations. The rally pushed the price of many altcoins off their losing streaks, with XRP being one of the major beneficiaries.
Over the past month, the price of XRP has served as a major concern to members of its ecosystem. In their bid for better closure, many have called on the executives of #RippleLabs to help proffer a solution to the price stalemate.
While there have been some defined strategies being employed by Ripple to control the circulation of XRP and its underlying use case, the price has failed to be obsessively impressive. The strong correlation it displayed against Bitcoin now serves as the dominant catalyst driving the growth of the asset.
This has an underlying disadvantage as well, as any impending correction in the price of Bitcoin might trigger a slump in XRP and other correlated assets across the board.
XRP growth strategies
As mentioned earlier, Ripple plays a huge role in the administration of XRP as a utility coin. The firm utilizes the coin in its cross-border payments solution On-Demand Liquidity (ODL), and it is fronting it as a crucial settlement asset for the RippleNet protocol.
Beyond this, XRP Ledger (#XRPL ), a smart contract network controlled by Ripple developers, is also deploying a series of solutions and onboarding new innovators to create applications that can draw high demand for XRP use and ultimately boost price growth in the long term.#TrendingTopic
$XRP and Bitcoin exhibiting intense correlation as price soars to multiyear high
The XRP price has joined the broader crypto market rally as the coin has successfully wriggled out of the bear zone, jumping 1.3% at the time of writing to $0.5197. Over the past week, XRP has erased its losses and is now up by 3.85%, while simultaneously trimming its monthly loss to 9.2%.
Impact of #BTC correlation
The resurgence in Bitcoin’s price, which pushed the premier digital currency to a three-year high of $50,358.39, had a tremendous impact that surpassed market expectations. The rally pushed the price of many altcoins off their losing streaks, with XRP being one of the major beneficiaries.
Over the past month, the price of XRP has served as a major concern to members of its ecosystem. In their bid for better closure, many have called on the executives of #RippleLabs to help proffer a solution to the price stalemate.
While there have been some defined strategies being employed by Ripple to control the circulation of XRP and its underlying use case, the price has failed to be obsessively impressive. The strong correlation it displayed against Bitcoin now serves as the dominant catalyst driving the growth of the asset.
This has an underlying disadvantage as well, as any impending correction in the price of Bitcoin might trigger a slump in XRP and other correlated assets across the board.
XRP growth strategies
As mentioned earlier, Ripple plays a huge role in the administration of XRP as a utility coin. The firm utilizes the coin in its cross-border payments solution On-Demand Liquidity (ODL), and it is fronting it as a crucial settlement asset for the RippleNet protocol.
Beyond this, XRP Ledger (#XRPL ), a smart contract network controlled by Ripple developers, is also deploying a series of solutions and onboarding new innovators to create applications that can draw high demand for XRP use and ultimately boost price growth in the long term.#TrendingTopic
Ripple's #CTO reveals the main legal advantage of #XRPL
_#Ripple has revealed an exciting update regarding its Clawback feature. This innovative addition is part of the latest Ripple 1.12.0 release and is currently under review and voting within the validator community. If approved, the XLS-39 Clawback feature promises to provide developers with advanced tools to enhance the trust and safety of their assets issued on the XRP Ledger. Ripple is focusing on enhancing trust and security with its Clawback feature, which is part of the latest Ripple version 1.12.0. Now open for evaluation by the auditor community. This feature will work, if approved. It enables developers to enhance trust and security in their assets issued on the XRP Ledger. Meanwhile, developers will benefit from this optional feature. Especially when launching assets in specific regions. If this feature is enabled. Issuers will gain the ability to #“reclaim” tokens in cases involving fraudulent activity or when users lose access to their accounts, facilitating account recovery.
$XRP
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_#Ripple has revealed an exciting update regarding its Clawback feature. This innovative addition is part of the latest Ripple 1.12.0 release and is currently under review and voting within the validator community. If approved, the XLS-39 Clawback feature promises to provide developers with advanced tools to enhance the trust and safety of their assets issued on the XRP Ledger. Ripple is focusing on enhancing trust and security with its Clawback feature, which is part of the latest Ripple version 1.12.0. Now open for evaluation by the auditor community. This feature will work, if approved. It enables developers to enhance trust and security in their assets issued on the XRP Ledger. Meanwhile, developers will benefit from this optional feature. Especially when launching assets in specific regions. If this feature is enabled. Issuers will gain the ability to #“reclaim” tokens in cases involving fraudulent activity or when users lose access to their accounts, facilitating account recovery.
$XRP
#Follow us to see more news and details about digital currencies 💯💵⬇️🚀
"XRPL Labs CEO Declares Xumm's Unruggable Architecture for Ultimate Security"
XRPL Labs founder Wietse Wind has debunked claims of a potential rug involving Xumm (now Xaman) in an attempt to address a user’s concerns.
Read more on: https://thecryptobasic.com/2024/01/31/xrpl-labs-founder-says-xrp-wallet-cannot-rug/
#XRPMovement #XRPL #Xumm #crypto #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2024/01/31/xrpl-labs-founder-says-xrp-wallet-cannot-rug/
#XRPMovement #XRPL #Xumm #crypto #CryptoNews🔒📰🚫
On March 11th, 2024, the xSPECTAR beta will launch, marking a new era of creative empowerment and interconnected experiences. With over 50 innovative partners, including established projects, independent builders, and talented artists, the beta offers endless opportunities to explore, create, and connect in a world where creativity is limitless.
#xspectar #metaverse #web3 #XRPL #XSPECT
#xspectar #metaverse #web3 #XRPL #XSPECT
Ripple CTO Affirms XRPL and XRP's Enduring Value Amidst Xahau and XRP+ Developments
#Ripple CTO David Schwartz addresses concerns that Xahau, the upcoming XRP Ledger (XRPL) sidechain, could displace the original XRPL itself and hurt XRP.
Read more on: https://thecryptobasic.com/2023/09/05/ripple-cto-says-xahau-and-xrp-will-not-diminish-the-worth-of-xrpl-and-xrp/
#XRP #XRPL #Xahau #crypto
Read more on: https://thecryptobasic.com/2023/09/05/ripple-cto-says-xahau-and-xrp-will-not-diminish-the-worth-of-xrpl-and-xrp/
#XRP #XRPL #Xahau #crypto
XRP Ledger Chosen for SBI Holdings' Upcoming Expo NFTs
Japan-based financial giant SBI Holdings announces plans to launch a new NFT project on the popular blockchain XRP Ledger (XRPL).
Read more on: https://thecryptobasic.com/2023/10/25/sbi-holdings-to-launch-nft-project-on-xrp-ledger-for-upcoming-expo/
#XRPL #crypto #crypto2023 #cryptonews
Read more on: https://thecryptobasic.com/2023/10/25/sbi-holdings-to-launch-nft-project-on-xrp-ledger-for-upcoming-expo/
#XRPL #crypto #crypto2023 #cryptonews
XRP price prediction as XRPLedger unveils new major features
The 1.12.0 version of #XRPL brought a string of new features and bug fixes. Most notably, the upgrade revealed three new amendments, including automated market making (AMM), Clawback, and fixReducedOffersV1.
The three new capabilities are currently open for voting through $XRP Ledger’s amendment process, which enables protocol changes after two weeks of over 80% validator support.
Out of those, the amendment that attracted the most attention is the AMM protocol. Launched on XRPL’s decentralized exchange (#DEX ), AMM allows users to trade assets without a counterparty.
Instead of having to trade directly with other users, the AMM uses algorithmic “money robots” to make it easier for individual #investors to buy and sell cryptocurrencies.
Secondly, the clawback amendment introduces the “Allow Clawback” option, which lets users recover, or as its name says, ‘claw back’ tokens they issued earlier.
Finally, the fixReducedOffersV1 amendment is set to cut the occurrence of order books prevented by reduced offers.
The 1.12.0 version of #XRPL brought a string of new features and bug fixes. Most notably, the upgrade revealed three new amendments, including automated market making (AMM), Clawback, and fixReducedOffersV1.
The three new capabilities are currently open for voting through $XRP Ledger’s amendment process, which enables protocol changes after two weeks of over 80% validator support.
Out of those, the amendment that attracted the most attention is the AMM protocol. Launched on XRPL’s decentralized exchange (#DEX ), AMM allows users to trade assets without a counterparty.
Instead of having to trade directly with other users, the AMM uses algorithmic “money robots” to make it easier for individual #investors to buy and sell cryptocurrencies.
Secondly, the clawback amendment introduces the “Allow Clawback” option, which lets users recover, or as its name says, ‘claw back’ tokens they issued earlier.
Finally, the fixReducedOffersV1 amendment is set to cut the occurrence of order books prevented by reduced offers.
The eagerly-anticipated XLS-30D amendment for the XRPL, set to introduce an Automated Market Maker (AMM), will not launch on Feb. 14, as more validators revoke their votes.
#XRPledger #XRPL #Crypto #CryptonewswithJack #CryptoNewsFlash
#XRPledger #XRPL #Crypto #CryptonewswithJack #CryptoNewsFlash
Ethereum Sidechain Is Biggest Attack on XRP Ledger, Convinced Foundation Official
#Write2Earn Thomas Silkjær of #XRPL Foundation labels Ethereum Virtual Machine (EVM) sidechains as 'single biggest direct attack' on #XRPledger In a recent discussion within the #XRPcommunity , Thomas Silkjær, the head of analytics and compliance at XRPL Foundation, voiced concerns over the emergence of Ethereum Virtual Machine (EVM) sidechains, labeling them as the "single biggest direct attack" on the XRPL protocol. Expressing his personal opinion, Silkjær criticized the promotion of EVM sidechains by entities supposed to advocate for XRPL's interests.According to Silkjær, these sidechains offer little to no benefit to the XRPL ecosystem, failing to enhance its appeal to new developers or align with its unique development ethos. He highlighted a perceived shift away from the original principles of XRPL development, as articulated by David Schwartz, Ripple's chief technology officer.Schwartz had previously emphasized a commitment to innovation rather than imitation, contrasting it with the current trend of adopting EVM sidechains.The attack is not that you can bridge to an EVM chain, because you already can. It is the fact that it’s being pushed with marketing that makes it sound like it’s “the XRPL”. The XRPL is being watered down by the entity that was supposed to protect it.— Thomas Silkjær (@Silkjaer) February 11, 2024Silkjær lamented the loss of focus on attracting smart contract developers to XRPL through innovative technologies developed in the XRPL spirit. He expressed concern over a perceived pivot toward a more $XRP -centric agenda rather than a technology-driven one within the stewardship of XRPL.Community notesThe discussion coincides with growing speculation within the community regarding the circulation of approximately $36 million worth of XRP on alternative chains, wrapped as assets.Did Silkjær's remarks shed light on the internal deliberations within the XRPL Foundation and the broader XRP community regarding the strategic direction of the protocol in the face of evolving industry trends?#TrendingTopic
