đđđđDo XRP sales discourage developers? The data says the opposite đđđđ
Schwartz's statements triggered various reactions. An anonymous researcher, Darkhorse, invited Ripple to review its strategy, proposing a temporary suspension of sales to evaluate the impact on the price of the token.
Schwartz reiterated Ripple's commitment to transparency, pointing out that deliberate price manipulation is at odds with the company's ethical principles.
Other users instead asked Schwartz if he intends to review his strategy tomorrow. They also raised concerns about whether Ripple's massive investments in XRP could discourage developers from building projects on the network.
But this does not appear to be the case, as XRP Ledger transactions increased by 100% in the first quarter of this year.
âŒïžâŒïžSEC criticized for aggressive action against crypto companiesâŒïžâŒïž
The legal battle between Ripple and the SEC (the US body that controls the stock market) continues unabated, with the blockchain company opposing the request for a 2 billion dollar fine from the American regulator.
The position was made public in a detailed motion by Ripple defense attorney James Filan. According to the document, the company strongly disputes the sanctions proposed by the SEC, calling them excessively punitive.
According to the document that was filed on April 23, there are no allegations, findings of reckless behavior or fraudulent activity that would justify such severe financial penalties.
Ripple's Chief Legal Officer, Stuart Alderoty, stressed that the Commission's conduct represents a serious precedent against the crypto sector in the United States. He has declared:
âIn a case where no charges (or findings) of recklessness or fraud are pending, and where Ripple has achieved victories on very important issues!!!â
RIPPLE NEWS: The latest updates and insights on Ripple and its cryptocurrency, XRP.
Last year, Ripple reached a historic milestone when Judge Analisa Torres ruled that XRP is not a security.
đ„đ„đ„Despite XRP's lackluster performance in recent months, Ripple is poised to tap into more trillion-dollar markets. These include tokenization, following the Metaco acquisition, partnerships with more than 30 central banks worldwide, and the rapidly evolving DeFi market. đ„đ„đ„
The big fight in the XRP vs. saga SEC should find a solution this year.
TODAY'S BREAKING NEWS
đłRipple and Peersyst are developing the EVM XRP Ledger sidechain, which is currently in DevNet, using evmOS, a modular technology stack built on the Cosmos SDK.đł
đđđ
Do you know what it means?
XRP OPENS THE HORIZONS EVEN MORE GENTLEMEN!!!
Interoperability will be one of the critical factors determining the success of any blockchain network in the future; in this regard, the XRP Ledger (XRPL) has taken a significant step, building its EVM sidechain using the Cosmos SDK, giving it a direct connection to nearly 100 interconnected networks and thousands of dApps.
IT'S CLEAR??
They are trying to take down XRP with a lawsuit and XRP continues to expand with new channels and new banks!!!
Think about it carefully gentlemen!!!
INFORM YOURSELF WELL!!!
I WILL TRY TO GIVE YOU AS MUCH INFORMATION AS POSSIBLE ABOUT OUR BEAUTIFUL FUTURE INVESTMENT!!!
Are all those who say that #PEPEâ will reach $1 okay? Have they seen the capitalization it has? I even see people who even say that pepper will reach $4 by the end of 2025...
What do you call these? đ I call them âhungry for followers and false hopesâ.
Continue on our path without stumbling upon these people who give you false hope!!
Believe in plans not in luck because
LUCK IS BLIND BUT BAD LUCK SEES VERY WELL đ«”đ»đŠŸđ
XRP Forecast: Analyst Identify Crucial Period Ahead, Potentially Life-Changing for Holders in Next 3-12 Monthsđ„đ„đđ
âŒïžâŒïžExpect the cryptocurrency to fall over the next few months before embarking on a bull run towards the end of the year, ending around January.âŒïžâŒïž
In the current cycle, Egrag says we've already passed zone A and should finish zone B within the next six weeks. This second zone is characterized by hypergrowth, as happened in 2017/18 when XRP rose from $0.255 to an all-time high of $3.84 in just one month!!!
The analyst believes that we could enter the C zone in July and that it will probably extend through the rest of the year, ending around January next year. He predicted this would be âa life-changing window.â
đđBeyond the speculation, the XRP community continues to build, from offline payments through text messaging to exciting new partnerships with multi-million dollar payment companies like Modulr.đđ
I see more and more people seeking their fortune in crypto as if it were a game of chance, without studying, without looking for information about what they are doing and they are always looking for someone to give them the right tip to get to the top.
But what if what they tell you is wrong?
I'll give you an exampleâŠ
If tomorrow they tell you that pepe will reach $100 in two hours, what do you do? Do you all buy Pepe? I'm sure yes and do you know who profits from it? The one who will sell pepper when all of you have bought and pepper will go to 0.
****this was just an example****
However, I have said my opinion, I hold #PEPEâ because I believe it has potential but never like the beloved #XRP and also #xlm ...
I'll forward you something interesting that I read:
In a recent analysis provided by cryptocurrency analyst Dark Defender, a compelling case has been made for the potential significant increase in the price of XRP. Through a detailed examination of the XRP/USD chart on a monthly time frame, as sourced from Binance, Dark Defender highlights a large bullish formation, which it describes as a âbull flagâ on multiple long-term time frames, including monthly charts , three months and six months.
In its forecast, Dark Defender uses the flag pole and Fibonacci extension levels to predict future price points. After the expected breakout above the red resistance line, the first target is located at the 161.80% Fibonacci level, which would take XRP to around $1.88. A further ambitious target is set at the 261.80% Fibonacci level, at a price of around $5.86.
The most optimistic target lies at the 361.80% Fibonacci level, predicting the price to rise to around $18.23. In particular, the blue Dark Defender line, similar in length to the flagpole, shows that the XRP price could rise well above $18.
We are talking about an analyst who has been in the field for years and who knows what he is talking about.
I believe in #xrp and we hope that #Ripple will be able to bring about the definitive turning point đ
I see many or rather many people who do not believe in the slightest in #XRP , one of the cryptocurrencies with the most logical sense in the world of blocks...
I'm not talking and I'm not saying that it will reach the level of BTC but I believe at the same time that it will have its great value as soon as all things for ripple settle down...
The use will soon be taken over by the whole world through banking systems and do you believe that a meme can give you certainties?
Of course, in this volatile world everything is possible but let's also try to be as realistic as possible... đ