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Crypto’s Price Surges Riding the wave of a promising price of $0.523726 on CoinGecko, Ripple’s XRP cryptocurrency has generated excitement with a remarkable 24-hour surge of 6.3% and an impressive seven-day surge of 12.7%.  The surge in XRP ’s value can be attributed to a series of bullish market indicators that have reignited optimism among traders. advertisement Read XRP and Significance of $0.50.. However, the surge in price is not the only aspect driving enthusiasm around XRP . The network activity of the XRP Network has also reached unprecedented levels. According to a tweet by Santiment, the blockchain has witnessed its second and third-largest spikes in address activity in the past two days. The combination of the bullish price action and increased network activity sets the stage for bullish sentiment. Even Deaton tweeted about the potential price of $2 driving FOMO. Recommended Articles ...

As of press time, XRP is trading 1.82% up at a price of $0.4725 with a market cap of $24.5 billion. Over the last few weeks, crypto whales have also turned bullish over XRP and have purchased 52 million XRP coins worth just over $22.9 million over the past 3 weeks, reports crypto analyst Ali Martinez. advertisement Courtesy: Santiment Ripple continues to be in the news over its ongoing battle with the SEC with the legal tussle now moving closer to a summary judgment. However, in a recent jolt to Ripple, one of the company’s counsels Kylie Chiseul Kim decided to withdraw from Ripple. Ripple vs SEC Case to Resolve By July As the ongoing court battle between Ripple and the SEC continues, Jeremy Hogan has recently predicted that the resolution of the case shall happen by July 2023. The legal practitioner was basically responding to a recent video where Ripple CEO Brad Garlinghouse mentioned that the resolution of the case shall happen within a few w...