Crypto Blog
XRP’s price increased to $0.73, its highest in three months, potentially due to Ripple’s new partnerships and positive progress in its SEC lawsuit, with speculation of a bull run if Ripple wins the case.
Shiba Inu burned over 173 million tokens, resulting in a 20,000% increase in the burn rate, potentially increasing its value, with developments in the Shibarium layer-2 solution aiming to enhance its position in the memecoin market.One of the trendiest crypto assets in the entire market – XRP – has been on a tear lately, with its valuation spiking to significant heights. Earlier this week, the coin surpassed $0.73 for the first time in over three months.
Another factor playing a role in XRP’s rally could be Ripple’s steady march toward a decisive win against its big enemy – the US Securities and Exchange Commission . The firm has so farthree vital partial wins, whereas a grand trial next spring is expected to determine the outcome of the lengthy legal battle.
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