🎉 XRP wallets surge past 4.8 million, boosted by Ripple's win in court against SEC.
Towards 5 Million
The total number of XRP wallets recently surpassed 4.8 million. This surge in numbers comes amidst renewed enthusiasm in the Ripple community after the blockchain company secured its second consecutive court victory against its archenemy – the United States Securities and Exchange Commission (SEC).
It is important to note that the number of XRP wallets continued to increase even during the prolonged bear market in 2022 and despite the uncertainty in lawsuits with regulators. Such addresses numbered about 4 million at the start of last year.
All Eyes on Ripple and XRP
It's safe to say that crypto companies and their native tokens have been the subject of increased attention recently, especially after the first court win against the SEC in July. At that time, a federal judge ruled that the then-sale of XRP did not constitute an investment contract offer, triggering a rally in the asset's price.
To celebrate that success, Ripple threw a big party in New York City last week, gathering some of its loyal supporters. CEO Brad Garlinghouse even immortalized the date of the historic victory by tattooing it on his hand.
Some Twitter users even assumed that Ripple would announce big news during the party such as its intention to file for an initial public offering (IPO) or reveal a settlement with the SEC. However, this did not happen.
What do you think about Ripple and XRP developments? Do you have an XRP wallet? Come on, discuss it in the comments column! 😄
Towards 5 Million
The total number of XRP wallets recently surpassed 4.8 million. This surge in numbers comes amidst renewed enthusiasm in the Ripple community after the blockchain company secured its second consecutive court victory against its archenemy – the United States Securities and Exchange Commission (SEC).
It is important to note that the number of XRP wallets continued to increase even during the prolonged bear market in 2022 and despite the uncertainty in lawsuits with regulators. Such addresses numbered about 4 million at the start of last year.
All Eyes on Ripple and XRP
It's safe to say that crypto companies and their native tokens have been the subject of increased attention recently, especially after the first court win against the SEC in July. At that time, a federal judge ruled that the then-sale of XRP did not constitute an investment contract offer, triggering a rally in the asset's price.
To celebrate that success, Ripple threw a big party in New York City last week, gathering some of its loyal supporters. CEO Brad Garlinghouse even immortalized the date of the historic victory by tattooing it on his hand.
Some Twitter users even assumed that Ripple would announce big news during the party such as its intention to file for an initial public offering (IPO) or reveal a settlement with the SEC. However, this did not happen.
What do you think about Ripple and XRP developments? Do you have an XRP wallet? Come on, discuss it in the comments column! 😄