📢 Key Events Surrounding XRP: What to Expect in the Coming Days
XRP is entering an exciting period, highlighted by several significant events that have occurred and are expected in the near future:
1. Ripple Swell 2024 (October 16-17, 2024): Ripple's major conference took place in Miami, where they announced a new partnership centered around the RLUSD stablecoin. This development is expected to enhance XRP adoption, particularly in cross-border transactions. RLUSD is now positioned to compete with USDT and USDC.
2. Growing Network Activity (Starting October 16, 2024): Since mid-October, XRP has experienced a surge in active addresses and development activity. This signals that XRP may be nearing a breakout from the 0.55 USD resistance level.
3. Tokenization on the XRPL: By the end of October and early November, the XRP Ledger is expected to see increased tokenization, which could drive further demand for XRP as a utility asset facilitating international transactions.
Stay tuned for potential price movements and broader adoption of XRP in the coming days!