Could This Surging XRP Ledger (XRPL) Metric Lead to Ripple Price Rally?

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Nonetheless, XRP’s price lags behind the other leading cryptocurrencies possibly due to the recent developments in the Ripple v. SEC case.The XRP Ledger – an open-source, decentralized blockchain that serves as the underlying technology for Ripple’s native cryptocurrency, XRP – has recently witnessed a substantial resurgence.that other important metrics have also spiked as of late. Examples are XRP payments from one account to another, executed transactions, and more.

While the price of Ripple’s token is in the green today , it is still trailing behind the gains registered by the other leading cryptocurrencies in the past several days.almost $69,500. Ethereum and Solana have pumped by 7% and 9%, respectively, while Dogecoin has exploded by nearly 30%.One potential factor potentially hitting the breaks on XRP to experience more substantial gains is the prolonged lawsuit between Ripple and the US Securities and Exchange Commission .

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