3 this week Ripple $2.87 SEC has decided to postpone the ETF for the ETF. With the end of the appeal process, the effort to build the XRP Ledger ecosystem on the Ripple front, where the case was completely finished. Although it has its share of the general decline in the market, XRP Coin is still very good compared to other subcoins.
Ripple latest situation
SEC recently, Ripple‘s corporate securities to remove the obstacle in front of the sale of the company has decided to exempt the company to create cash. Both sides fell the main case in March, but the securities ban on Ripple had emerged as an obstacle for a long -term. With the end of the appeal process, the company’s securities were opened without any sanctions.
The case is over, ETF October is expected for approval. At this stage, what Ripple has to do is to increase its power in payment infrastructure services. Ripple announced that it will buy Rail, the stablecoin platform for 200 million dollars. Previously, he had purchased a very wealthy Prime Broker for $ 1.25.
Rail is a company that allows companies to accept crypto currencies through a single API by reducing costs. Ripple’s payment infrastructure services, which is an annual transaction volume of 10 billion dollars and over 12 bank partners, is a very important player who can serve the ideal of payment infrastructure services.
Ripple’s purchase of this company with its own stablecoini RlusdIt will be supportive for faster growth. As a matter of fact, the growth in recent months shows that Ripple, under the direction of Brad, has taken this goal seriously and has started to collect its fruits.
Ripple USD continues to grow in this process. The total supply was based on $ 666 million. Considering that there is a market size of 300 million at the beginning of June and 455 million dollars at the beginning of July, this stable growth is very positive. Moreover, the volume is good, ie 666 million dollars, compared to the market size of $ 200 million volume is positive.
XRP Coin Price
There is not much to say for the price. BTC If it enters a sharper correction, things will wrap further and we can see that the $ 2,36-2 range is returned. XRP Coin Lock levels on the rise for 3.1 and 3.55-3.6 levels after $ 3.1 and $ 3.33.
Martinez rapidly foresees peaks between $ 3.9 and $ 5. If we see things such as balancing ETF approvals before the end of the year, it may not be a dream.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
