Ripple Effect: Reasons Why XRP’s Become The 3rd Largest Coin
By Ruchi Sharma
एक ऐसा coin जो फिलहाल बहूुत चर्चा में है….जिसका प्राइस लगातार बढ़ रहा है और जिसपर आपकी नज़र ज़रूर होनी चाहिए वो है ripple का coin XRP…Ripple is a blockchain-based digital payment network for financial institutions and XRP is its coin….as of 21 feb XRP $ 2.65 पर trade कर रहा है….with a market cap of $153.7 bn, XRP is the third largest cryptocurrency….iski Circulating supply hai 57.81bn XRP….aur isne apna ATH $3.84 touch kiya tha on 4 jan 2018….
High speculation on Ripple case withdrawal
Xrp ke recent price surge ke peeche yu to kai wajah hai lekin 2 sabse badi wajah hai… first- high chances of Ripple case withdrawal by SEC aur dusra XRP etf applications being acknowledged by SEC.
XRP हमेशा से रैंकिम में 3 पायदान पर नहीं था…. इसका सफर काफी उतार चढ़ाव se भरा रहा …..actually xrp की किस्मत बदली nov 2024 mein trump ke re election के बाद (graph – XRP chart).…xrp ने धीरे धीरे momentum gain karte hue 3rd position पर अपनी जगह बनाई है …कैसे चलिए बताते हैं आपको….
Ripple’s Legal Battle – SEC claims XRP as a security
Oct 2020 में XRP का price था करीब $ 0.70 लेकिन फिर nov mein US SEC ने रिपल ke khilaaf एक lawsuit fie kar diya….SEC claimed that XRP is a security under U.S. law, and Ripple should have registered the sale of XRP with all the necessary disclosures and compliance with federal securities laws… इस legal action के बाद XRP का price $0.70 से सीधा $0.20 पर आ गिरा…lawsuit file होने से पहले xrp 3rd position पर था लेकिन sec case के बाद Xrp 7th position पर आ गया….
Partial Victory – Court ruled XRP isn’t a security on exchanges
(Partial victory article)
करीब ढाई साल की लीगल फाइट के बाद…..July 2023 में रिपल को इस केस में मिली Partial Victory….a U.S. District Court ruling found that XRP was not a security when sold on public exchanges (to retail investors), but it was considered a security when sold directly to institutional investors in certain circumstances…..
Court rules XRP is not a security on exchanges
Following the partial victory against the SEC lawsuit, XRP’s price surged to $2.50 and held a ranking among the top 3 cryptocurrencies by market cap….लेकिन july 2023 se lekaar dec 2024 के बीच xrp ke price में काफी उतार चढ़ाव आए आर ये majorly 7th position पर ही रहा..
XRP surpassed Solana and Tether to become the third-largest cryptocurrency by Mkt cap
Xrp me uchchal dekha gaya Trump election ke baad…on 02 dec 2024 XRP surged in price, overtaking Solana and Tether to become the third-largest cryptocurrency by market capitalisation valuing at $138 billion…XRP rose by over 370% in one month.
The price spike followed the news that the New York Department of Financial Services (NYDFS) has approved Ripple’s stablecoin, RLUSD..…
Brad Garlinghouse Met Trump to discuss Crypto policy and XRP’s future
पिछले महीने jan में Ripple CEO Brad Garlinghouse met with Donald Trump at Mar-a-Lago, cementing Ripple’s influence in the US market….The meeting came at an important moment for Ripple. Ripple recently won a partial legal victory over the SEC, confirming that XRP is not a security. This not only positions Ripple as a leader in the blockchain industry, but also paves the way for future innovations such as the possible launch of an XRP ETF, an IPO, and the development of stablecoin RLUSD…..
https://cointelegraph.com/news/memx-exchange-files-list-21shares-xrp-etf-commodity-trust
XRP Jumps 6.9% in anticipation of ETF approval
XRP ki demand kitni high hai iska andaaza isi baat se lagaya ja sakta hai ki XRP ETF ke liye 7 assets managers Grayscale, 21 shares ,Bitwise, Wisdom tree, Canary capital, Rex shares और MEMX ne applications file ki hai….. aur inme se 6 ki application is Acknowledged by SEC
XRP ETF received historic approval in Brazil
Itna hi nahi Brazil’s securities regulator has approved the country’s first spot XRP exchange-traded fund. The Fund is managed by Hashdex and the official date for trading on Brazil’s B3 exchange has yet to be announced..
XRP volume surges 26% on Trump’s XRP Post
XRP mein traction isliye bhi bada kyuni Trump posted an article about XRP’s increase in U.S. deals on the Truth Social platform. Jis se xrp ki trading volume 26% badi to $5.5 billion in 24 hours.
Not only that….Ripple’s recent expansion of its payment network and partnerships with financial institutions, such as Santander and American Express, increased demand for XRP, supporting its price.
Investors accumulating XRP expecting future gains
And lastly, JPMorgan recently said that it believes spot XRP ETFs could attract between $4 billion to $8 billion in net new assets within the first 12 months of launch, potentially driving its price toward or beyond the $5-$8 range.
Price Prediction – $5-$8 (2026)
So do keep an eye on XRP…kyunki ye ek achchi investment sabit ho sakti hai
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