Ripple’s XRP Becomes Top Choice Among BSC Whales
XRP, Ripple’s native token’s price growth has lagged behind due to the long running vital lawsuit with the US SEC. Meanwhile, after the recent ruling in the case, XRP token has landed as the top choice of the biggest BSC whales.
BSC whales hold $15 mln worth of XRP
According to the whaleStats, Ripple’s XRP token was one of the most used smart contracts among the top 1000 and 500 BSC whales in the last 24 hours. It added that the now the top 2000 BSC whales are holding around $15.09 million worth of XRP tokens.
This whale activity took place around after the big announcement related to the Ripple Vs SEC lawsuit. Judge Netburn denied the commission’s assertions over Himan’s infamous ETH speech. The court asked the SEC to produce those internal documents.
It added that the authority needs to produce the 2 proposed redactions for an in-camera review. Meanwhile, the XRP lawyer suggested the SEC will now be appealing the decision to Judge Torres. The commission can also request a 1-2 week extension to file the objection.
Bitrue lends support for Ripple pairs
However, Bitrue, cryptocurrency exchange announced that it has extended its support for the XRP. It mentioned that it will be listing 10 new XRP pairs for the users. The platform will be adding base pairs for cryptocurrencies MANA, SAND, ALGO, BTTC, HBAR, AAVE, CHZ, DENT, APE and AR.
XRP is one of the cryptos whose prices stood stable amid the recent collapse. Its price shows a marginal increase of 1% in the past 30 days. On the other hand, the largest crypto, Bitcoin price has dropped by around 10% in the same period of time.
XRP prices have surged by over 3% in the last 24 hours. It is trading at an average price of $0.3149, at the press time. XRP has recorded a 24 hour trading volume of $1.11 billion. However, it is still holding a total market cap of over $15.22 billion.
- FLOKI Makes History With First ETP in Europe as Price Surges 30%
- BNB Rally to $1,300 Will Continue As Binance Hits Crucial Q3 Milestone, Says Expert
- Trump’s Real Estate Moves On-Chain as Hut8 Adds WLFI Tokens to Boost Treasury
- ASTER Token Defies Crypto Market Consolidation With 14% Upside, Expert See Next Stop at $3
- MetaMask Gears Up for Major MASK Token Airdrop With Reward Points System Launch
- BNB Coin Price Hits ATH as Derivatives Activity Soars—Is $1,520 the Next Stop?
- Aster Price Eyes $3 After Channel Breakout as Open Interest Surges to $1.37B
- Will XRP Price Hit $5 if the SEC Approves ETFs This Month?
- Bitcoin Price Hits $120K Ahead of Q4 — Can Citigroup’s Forecast Hold Up?
- Pi Network Price at Risk of Another Crash as Mysterious Whale Stops Buying
- Solana Price Eyes $360 After Bullish Retest As VisionSys AI Deploys $2B Treasury Strategy
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
