$XRP

Investor Confidence Soars: $2.6 Billion Flood into XRP in One Week Amidst Ripple’s SEC Showdown

June 4, 2023 1 min read

The price of XRP has surged in recent days, as investors flock to the asset amidst the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Over the past week, XRP has gained nearly 11%, reaching a high of $0.52. The surge in price has been driven by a number of factors, including: The ongoing legal battle between Ripple and the SEC has also been a

Ripple Labs Releases 1 Billion XRP Tokens in Monthly Distribution

June 2, 2023 2 mins read

Ripple Labs, the company behind the XRP cryptocurrency, has unlocked 1 billion XRP tokens from escrow. The tokens were released on June 2, 2023, and were distributed across three transactions. The unlock is part of Ripple’s regular monthly distribution of XRP tokens from escrow. Ripple has said that it will continue to release XRP tokens from escrow on a monthly basis until all 55 billion tokens have been released. The

Ripple Invests in $40M Fund to Support Decentralized Infrastructure

May 24, 2023 1 min read

Ripple, the San Francisco-based blockchain company, has announced that it has led a $40 million investment in a new fund focused on decentralized infrastructure. The fund, called Dispersion Capital, will invest in early-stage companies that are building decentralized infrastructure, such as decentralized finance (DeFi) platforms, decentralized exchanges (DEXes), and decentralized storage solutions. Dispersion Capital is led by Patrick Chang, who previously worked at Samsung Next, where he led the company’s

XRP maintains its 9% growth over the past 24 hours

May 23, 2023 1 min read

The price of XRP has maintained its 9% growth over the past 24 hours, as the cryptocurrency continues to outperform the broader market. At press time, XRP is trading at $0.461. The bullish momentum for XRP is being driven by a number of factors, including the ongoing SEC lawsuit against Ripple Labs, which is expected to reach a settlement in the coming months. Additionally, XRP is seeing increased adoption from