The digital asset XRP has experienced significant volatility recently, down 0.49% over the past day to $0.61. However, despite the slight drop, the coin remains above $0.61, indicating its stability in the risky crypto field. 📉🔍

Ripple's CEO has predicted that the value of all cryptocurrencies could double by 2024, reaching $5 trillion. Bill Morgan, Ripple's lawyer, said the SEC's case against the company has no merit and there is no evidence that can be used in court.

Ripple plans to expand its influence by launching its own stablecoin. There has been a lot of activity in the crypto world recently from big buyers, especially with the XRP coin.

It is reported that more than 42 million XRP were moved in two large transactions today, April 10th.

Contrary to the SEC's lawsuit, Ripple denies the allegations. Bill Morgan, Ripple's legal representative, pointed out inconsistencies in the regulator's case and the facts presented in the summaries of court decisions.

Ripple plans to launch a stablecoin in 2024, joining the $154.7 billion stablecoin industry.

With Ripple's stablecoin, XRP could be in a great position for very bullish scenarios as the community looks forward to the long-awaited $5 mark. But the future remains to be seen.