Latest news about XRP and Ripple Labs:
Recent Developments
XRP Ledger Update: Release of version 2.5.0 with enhancements and support for NFTs.
Partnership with Wormhole: Implementation of multichain functionalities.
Testing of Stablecoin RLUSD: Minting of 10 million units for testing.
Regulatory Situation
SEC vs. Ripple Case: Discussions indicate that fears of delays are unfounded; seeking regulatory clarity.
Court Fine: Judge denies proposal to reduce fine of US$ 125 million related to the sale of XRP.
Market Performance
XRP ETF: Raised R$ 230 million, surpassing other ETFs on B3.
CME Futures: Volume of US$ 542 million in one month.
Institutional Adoption: Companies like UniCredit and Santander adopt Ripple for settlement.
Outlook
Growth Potential: Projections suggest that XRP could reach US$ 3.70 to US$ 10, with possibilities of up to US$ 25.
Ripple ODL: Potential to replace global remittance infrastructure.
These points reflect the evolution and challenges of the XRP market.
