Market interest surges, XRP listed on a large scale, what's next?

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XRP Listing: Following recent volatile trading, the cryptocurrency experienced a strong recovery today, bolstered by a series of positive developments that lifted market sentiment. Among these, the significant listing announcement of Ripple's native cryptocurrency further enhanced investor confidence in the asset. Notably, listings on major exchanges or any positive developments often ignite investor hopes, indicating a surge in exchange interest in the asset.

XRP Listing Sparks Optimism

As investors begin to regain confidence in the asset, XRP surged significantly today. Meanwhile, a leading cryptocurrency exchange announced that it would list the token on its platform, drawing significant attention from investors.

In context, Arkham Exchange stated on December 13 that it plans to list Ripple's native cryptocurrency on its platform. Additionally, it mentioned that it would list spot and perpetual pairs of the token, further showcasing the exchange's confidence in the asset.

At the same time, it is worth noting that the exchange stated in its subsequent listing announcement, "XRP trading is now live," which captured the attention of market enthusiasts. Furthermore, this comes during a period of strong recent gains in cryptocurrency, indicating robust market confidence in cryptocurrencies.

On the other hand, a series of other positive developments have also fueled market hopes. Moreover, as the major summary deadline for the Ripple vs. SEC case approaches on January 15, 2025, investors are also turning their attention to the asset. However, many expect that SEC Chairman Gary Gensler will cause significant issues in the ongoing legal dispute before he steps down on January 20.

What's Next for Ripple?

In the latest XRP litigation news, the plaintiffs in the class action against Ripple Labs have appealed to the Ninth Circuit Court of Appeals. This appeal questions the recent favorable ruling for Ripple, its CEO Brad Garlinghouse, and XRP II. Notably, the plaintiffs are seeking to overturn the summary judgment order won by Ripple in the district court and other pending arguments.