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In the last 24 hours, XRP has climbed to $ 2.19 after the trio of catalysts has come together to help cryptocurrency overcome the wider cryptocurrency market.
One of the catalysts was to start XRP Micro Futures about Robinhood. Contracts offer more flexibility to traders to bet on the future price direction of the cryptocurrency or to ensure current positions with respect to their smaller size.
The regulatory fog also thinned. On Friday, Ripple withdrew his cross -end In its long -term US Securities and Exchange Commission (Sec) court. SEC sued Ripple back in 2020 about the sale of XRP and claimed that these violated securities laws. The SEC is expected to cancel its own appeal and leave last year’s decision and order Ripple to pay a civic sentence of $ 125 million per sec, intact. This step could lift the lid that kept some investors on the siding.
The data on the string ended the bull settings. Ledger XRP has registered over 1.1 million active addresses according to Krypto analyst Ali Martinez in the last week Cited data Glassnode.
The XRP rise has seen that it overcomes the wider crypto market with a wider coindesk 20 (CD20) The index grows by 1.7% in the last 24 hours.