Ripple(XRP)
XRP has been on the hotline in 2024, only recently the four-year-long SEC lawsuit was settled. The asset is still under intense observation but carries a positive momentum in the middle and long term.
Just before the recent decline, XRP experience a massive whale activity.
Wallets holding between 1 million and 10 million XRP value at around $4.4 billion, with assets in holding arround 7.06 billion
Interestingly, a report by Santiment shows there was an increase in the number of wallets holding 100 million 1 billion. It is now 15% of the total supply.
At the time of writing XRP approaching to $0.6 with 7 days growth of 4.70%.
With the new update on Ripple testing the stablecoins RLUSD and neutral market conditions keep the hopes of breaking above the long-term resistance of $0.62 in 2nd week.$XRP
