XRP Goes Live on Yet Another Exchange
As reported by U.Today, $XRP one of the leading cryptocurrencies by market capitalization, has started trading on Arkham Exchange, according to a Friday announcement.
The Ripple-affiliated token is now available for both spot and futures trading.
The token experienced a breathtaking rally in November, vastly outperforming other major altcoins such as $ETH and $SOL
This is a sharp contrast to the predicament that the XRP token faced in early 2021. Back then, it was delisted from all major exchanges in the US due to regulatory uncertainty in the wake of the SEC's lawsuit against Ripple. The cryptocurrency was also close to leaving the CoinMarketCap top 10.
However, Coinbase, Bitstamp, and other exchanges ended up relisting the token last year after a New York District Court ruling stated that secondary XRP sales were not securities.
XRP is now expected to benefit from the SEC's new leadership which is widely expected to dramatically soften the agency's stance on crypto.
The token ended up briefly surpassing the $2.8 mark before giving up some gains.
After the blistering rally, the token's price seemingly remains in limbo, currently trading at $2.43. Yet, some traders believe that it has more room to run. #XRPGoal #Xrp🔥🔥 #xrpsucess