Rally

Gains

<ul class="news-points">
 <li>XRP jumped around 8% in the past 24 hours as Bitcoin traded flat.</li>
 <li>Pro-XRP lawyer said that the Ripple vs. SEC lawsuit will be resolved on July 31.</li>
 <li>Wallets holding at least 10,000 XRP tokens have skyrocketed in the past five weeks.</li>
</ul>
XRP, the sixth-largest cryptocurrency by market value, has surged more than 8% in the past 24 hours, outpacing all other top 50 altcoins. This heightened investor interest comes amid ongoing discussions of a potential settlement between the U.S. SEC and Ripple, the fintech company behind XRP. Meanwhile, Bitcoin (BTC), the leading cryptocurrency, falled to make similar inroads.
According to CoinMarketCap <a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="noopener noreferrer nofollow">data</a>, XRP rose by around 8%, with a 141.21% jump in trading volume to $2.8 billion, with a market capitalization of $35 billion. The altcoin is currently trading at $0.6417, down 83.1% from its all-time high of $3.84.
With the start of August, the SEC vs. Ripple lawsuit goes into a critical phase, with Judge Analisa Torres yet to issue a ruling. Notably, XRP enthusiast Jack the Rippler <a href="https://x.com/CollinBrownXRP/status/1818312803851055171" target="_blank" rel="noopener noreferrer nofollow">retweeted a leaked image</a> on X (formerly Twitter) suggesting a secret meeting between the regulator and the blockchain firm for August 1, fueling se…
The post <a href="https://coinedition.com/xrps-8-rally-outshines-bitcoin-investors-eye-ripple-settlement-for-further-gains/" rel="noopener noreferrer nofollow">XRP’s 8% Rally Outshines Bitcoin: Investors Eye Ripple Settlement for Further Gains</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

XRP’s 8% Rally Outshines Bitcoin: Investors Eye Ripple Settlement for Further Gains

Coin Edition

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