Blockchain.com’s Adoption of XRP Sparks Cryptocurrency Renaissance

Blockchain.com's recent integration of XRP represents a significant turning point in backing the digital currency, especially in light of its recent legal validation. This move underscores a notable shift in support for XRP within the cryptocurrency landscape.

Blockchain.com’s Adoption Of Xrp Sparks Cryptocurrency Renaissance_65b972c8cd800.webp

Blockchain.com Embraces XRP

Blockchain.com, a longstanding platform for crypto asset storage, has welcomed XRP into its array of supported digital currencies. This strategic addition marks a pivotal moment for XRP following recent legal validation.

The move by Blockchain.com reflects a broader trend of increasing acceptance for XRP throughout the cryptocurrency landscape, notably fueled by a significant ruling on July 13 confirming XRP’s non-securities status. With this newfound clarity, XRP has experienced a revitalized momentum within the market.

Following the landmark ruling, XRP swiftly achieved major milestones, reclaiming a spot on Coinbase and initiating trading on Gemini. These achievements significantly boosted the token’s visibility and traction, enhancing its adoption rates across the digital asset spectrum.

FYI Ripple (#XRP) is now live in your https://t.co/0DZyULavbV Wallet 🌐 👀

Get it here https://t.co/lqvfcsTWBU pic.twitter.com/xPcXGVmgOj

— Blockchain.com (@blockchain) December 11, 2023

Blockchain.com’s status as a cornerstone in the Bitcoin community since its establishment in 2011 adds considerable weight to this decision. Facilitating over $1 trillion in crypto transactions, a substantial portion of Bitcoin network transactions flow through this platform. With 40 million verified users and 80 million wallets established last year, the integration of XRP into Blockchain.com’s platform aligns seamlessly with the cryptocurrency’s resurgent trajectory.

Related: Marketwide Crash Drives XRP’s Sharp Decline Alongside Altcoins

Projections are optimistic, anticipating a significant surge of approximately 30.96% in XRP’s value, potentially reaching $0.801319 by December 16, 2023. If realized, this forecast could further solidify XRP’s position in the market and underscore Blockchain.com’s crucial role in shaping the future landscape of digital assets.

(100 votes)

5.0/5

(100 votes)

Latest

Pi Chart Signals Bull Run As Supply Shift And Listing Rumors Spark Fomo

News | Editor Choice | Pi Network

PI Chart Signals Bull Run as Supply Shift and Listing Rumors Spark FOMO

Pi Network’s PI token is drawing strong attention from investors as its price surges, trading volume soars, and technical indicators turn bullish—amid growing speculation about potential listings on major exchanges.

Pepe Coin Soars 35%, Binance Traders Expect A Further 22% Rally

News | Editor Choice | Memecoin

PEPE Coin Soars 35%, Binance Traders Expect a Further 22% Rally

The meme coin PEPE has jumped by 35%, eyeing the $0.000013344 mark. Backed by strong technical signals and rising open interest, could this explosive momentum continue?

Unichain Surpasses Ethereum On Uniswap V4 In Trading Volume

Editor Choice | News

Unichain Surpasses Ethereum on Uniswap V4 in Trading Volume

The layer-2 solution released by Uniswap, Unichain, has officially surpassed Ethereum in terms of trading volume for Uniswap V4.

Why Is Xrp Still Not Rallying Despite Ripple’s $50m Settlement With The Sec

News | Altcoin | Editor Choice

Why Is XRP Still Not Rallying Despite Ripple’s $50M Settlement with the SEC?

Ripple has just reached a $50 million settlement with the SEC, yet XRP's price has not seen the strong breakout investors hoped for—so what’s holding the cryptocurrency back?

Meta Restarts Stablecoin Payment Integration

News | Bitcoin Layer2 | Policy & Regulations

Meta Restarts Stablecoin Payment Integration

Meta (the parent company of Facebook) is restarting the process of integrating stablecoins into its platform after missing the deadline six years ago.