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But does XRP have enough gas in the tank to reach $5 in 2025? Given its current price of about $2.65, it would require XRP to almost double in price within a relatively short period of time.
XRP was under pressure this morning, with market forces weighing. A favorable court ruling from the SEC v Ripple case would support a breakout. XRP Price Prediction: No SEC v Ripple News Leaves ...
XRP (CRYPTO: XRP) cryptocurrency has been on a huge winning streak lately. As of this writing, the token's price has surged 268% over the last year. Even amid the backdrop of a strong bull run for ...
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The XRP Ledger operates on a consensus protocol that differs from traditional proof-of-work (PoW) and proof-of-stake (PoS) mechanisms. [ 8 ] [ 3 ] Transactions are validated by a network of independent validators who reach consensus every 3 to 5 seconds, enabling rapid transaction settlement. [ 8 ]
XRP remains stuck in a rut as investors look out for the latest court ruling in the ongoing SEC v Ripple case, which hangs in the balance.
The defendants agreed to turn over all data involving XRP transactions. [33] In July 2023, the district court ruled on the SEC lawsuit, finding that the XRP token sold by Ripple Labs was not a security. However, if sold in institutional sales, or used as a fundraiser, such actions could be classified as a security in those circumstances.
Scott Kenneth Homer Bessent was born on August 21, 1962, [5] the oldest of three children of Barbara (née McLeod) and Homer Gaston Bessent Jr., a real estate agent. [6] [7] [8] He is of French Huguenot ancestry. [9] Bessent earned a bachelor's degree in political science from Yale University in 1984.