Ripple Thrives Despite Legal Battle - What's The Market Reaction Of XRP?
Although Ripple is facing legal battles from the SEC, the project and its currency XRP has been on a positive momentum...
- Ripple is addressing its legal challenges while exploring new opportunities to expand the Ripple platform.
- XRP holders' attorney, John Deaton, received an email filing related to the SEC v. Ripple case, but it was only a lawyer's withdrawal from the proceedings.
- Data from Santiment shows a surge in active addresses for Ripple's XRP, reaching an all-time high of over 1.1 million.
- XRP's price movement has become stagnant, trading at approximately $0.48, reflecting a decrease of more than 4%, but there is still a possibility of a sudden upswing.
The article presents a mix of positive and negative sentiments. While Ripple is addressing its legal challenges and experiencing a surge in active addresses, XRP's price movement has become stagnant and the SEC v. Ripple case is still ongoing.