United

Gold

<ul class="list-ic vertical"> 
 <li> 1 <a>Australia, soon to rule the Ripple (XRP) environment, moved to third position in the 75K XRP holders list.&nbsp;&nbsp;&nbsp;</a> </li> 
 <li> 2 <a>The news was released by John Deaton, the pro-XRP lawyer, spotting the fueling of Australia in the crypto space.&nbsp;</a> </li> 
</ul> 
A tweet from the pro-XRP lawyer, John Deaton on September 10, spread joy among the Australian community. The post was regarding Australia’s positioning in the list of XRP holders. The nation secured the third position in the 75K XRP holders list.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
Take a look at the reason behind the victory.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
<h2 class="wp-block-heading" id="strong-current-stats-and-competition-strong">Current Stats and Competition</h2> 
Ripple’s legal battle with the United States Securities and Exchange Commission (SEC) is on fire. The result of the 75K XRP holders list took Australia to the top of the list. The nation secured third position in the list following the United States and the United Kingdom.&nbsp; 
The tweet from John Deaton revealed the position of Australia in the Ripple’s race.&nbsp; 
According to John Deaton, around 53% of the 75K XRP holders are from the United States whereas the second position is secured by the United Kingdom. Australia surpassed Canada with a very small lead, securing third position in the list. There was tough competition between both countries. With a lead of 11 holders, Australia won the battle with Canada.&nbsp; 
Australia’s battle with the SEC began in 2020 and is still ongoing, filing an interlocutory appeal in reply to Judge Analisa Torres’s ruling back in July 2023. The movement of Australia to the third position may result in reimbursement for XRP holders.&nbsp;&nbsp;&nbsp;&nbsp; 
Focusing on the current price and performance, XRP is standing at $0.4736, a decline of 4.0% in the past 24 hours with a market cap of $25 Billion. Volume determined in the past 24 hours is approximately $1.3 Billion, an upsurge of 136.25%.&nbsp;&nbsp;&nbsp;&nbsp; 
<h2 class="wp-block-heading" id="strong-reason-behind-the-victory-strong">Reason Behind the Victory</h2> 
John Deaton’s tweet was the response to the Australian XRP Community’s post about the arriving XRP Gold Coast 2024 conference. As the speaker, the conference will be led by Deaton.&nbsp; 
With the theme of ‘A Wave of Innovation’, the conference aims to increase the attention of attendees towards the XRP and <a href="https://www.thecoinrepublic.com/2023/04/29/361m-worth-of-xrp-tokens-sold-in-q1-2023-xrpl-growing-strong/" rel="noopener noreferrer nofollow">XRPL</a> ecosystem. Also, the conference promises to be more than just an industry experts’ gathering. The conference will offer a platform to uncover the universe of blockchain technology and XRPL Ecosystem. 
In addition, the conference has arranged community events in different cities, offering investors the chance to boost interest in the network.&nbsp;&nbsp; 
The support and popularity of XRP in the Australian market is growing rapidly. The XRP Gold Coast 2024 conference grasped the interest of individuals towards the XRP ecosystem. With time, the number of XRP investors grew, reaching over 75,000 on Deaton’s list. 
The 75K list shows that <a href="https://www.thecoinrepublic.com/2023/09/08/xrp-crypto-price-prediction-will-it-change-the-game-in-2023/" target="_blank" rel="noopener noreferrer nofollow">XRP</a> investors will be able to seek compensation if the price of XRP were to decline as a result of the regulator’s actions.&nbsp;&nbsp;&nbsp; 
<h3 class="wp-block-heading" id="strong-conclusion-strong">Conclusion&nbsp;</h3> 
In the legal battle with the SEC, Australia surpassed Canada, securing third position in the 75K XRP holders list. The news was revealed by pro-XRP lawyer John Deaton as a response to the upcoming XRP Gold Coast 2024 conference.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Australia Topping the Race, Secured Third Position in XRP Holding

Table of Contents

Thecoinrepublic.com

Other articles published on Sep 12, 2023

Conflux and Neo Explores Option for Growth, Pomerdoge Presale Almost Sell Out

BUD Stock: Will Anheuser-Busch Break Above the $200 EMA?

CFTC Commissioner Calls for Fraud Database to Allow Investors to Identify Bad Actors

The Next Big Crypto Play: Why Millionaires are Leaving Cardano (ADA) and Polkadot (DOT) To Buy Ne...

HSBC Reportedly Collaborates With Crypto Custody Firm Fireblocks

G20 Summit: IMF and FSB’s Crypto Policy Recommendations & CARF

Join our free newsletter for daily crypto updates!