📢 Latest News on XRP (Ripple)
1. Institutional Interest Grows
Recently, there has been increasing interest from large asset managers. Experts and analysts are pointing out that XRP has met the requirements for a spot ETF (exchange-traded fund) in the U.S., a development that could open the doors to greater institutional investment and validate its position in the industry.
2. Possible Resolution of the Conflict with the SEC
After years of litigation, there have been news about a possible resolution of the case between Ripple and the SEC (U.S. Securities and Exchange Commission). This news has generated optimism in the community, as a favorable outcome would provide much-awaited regulatory clarity and could boost the price of XRP.
3. XRP Surpasses Ethereum on Wall Street
According to an analysis by Canary Capital, XRP has climbed the ranks on Wall Street and has established itself as the most recognized cryptocurrency among institutional investors, second only to Bitcoin. This demonstrates growing confidence in its utility and long-term potential.
4. New Collaborations and Projects
Ripple continues to expand its ecosystem. The Japanese video game company Gumi has allocated 17 million dollars for the purchase of XRP as part of its treasury strategy, highlighting the adoption of the asset in new sectors.