This is Very Bullish (and Surprising) for XRP: Coinbase Reveals
Main Idea
XRP has seen a 400% increase in value over the past year, driven by Ripple's strategic moves and positive developments in its lawsuit with the SEC, and it has become a top performer in trading volume on Coinbase.
Key Points
1. XRP's value has surged by 400% over the past year, making it one of the most impressive large-cap cryptocurrencies.
2. The increase is attributed to Ripple's strategic actions and positive developments in its legal case with the SEC.
3. Coinbase's Q2 report highlights XRP as a stellar performer in trading volume, surpassing ETH trading revenue by a slim margin of 1%.
4. XRP has become one of the most popular cryptocurrencies in the US, particularly on Coinbase, the largest US cryptocurrency exchange.
Description
XRP is up 400% over the past year, being one of the most impressive large-cap cryptocurrencies by this particular metric. The growth has been spurred by an influx of factors, including strategic moves by Ripple, the relatively positive roundup of the lawsuit with the US Securities and Exchange Commission, and more. Now, Coinbase released its Q2 report, according to which XRP has been a stellar performer in terms of overall trading volume as well. Ripple is a US-based multi-billion dollar company...
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