Today, the ongoing story regarding Ripple Labs and the XRP token took a step forward with regard to whether the token's sale was in violation of U.S. securities law.
Over the past week, the price of Ripple (XRP) has remained steady between $0.47 - $0.49. Despite the media's reduced attention towards XRP, the network's underlying economic activity has strengthened. Could this be a sign of a potential price surge for XRP in the upcoming week?
The year 2022 proved to be a difficult one for the cryptocurrency and altcoin market, marked by the downfall of Terra and FTX, which had a significant impact on the industry. As a result, most digital assets suffered significant losses and are currently trading at a discounted value.