XRP—despite enjoying a July price surge to $0.8 after a favorable U.S. court ruling—witnessed a steep 25% decline in August, largely due to heavy selling on major offshore exchanges, according to a new report by Kaiko
has shown considerable trading activity compared to other altcoins. According to Kaiko, XRP's average trade volume in the past month was $462 million, substantially outpacing some of its nearest competitors, SOL and BNB, which registered $128 million and $121 million respectively. However, the trading volume didn't translate into sustained price gains. Kaiko's analysis further reveals that buying pressure remained robust on U.S.-based exchange Coinbase.
Adding to XRP's predicament, the Securities and Exchange Commission has recently submitted a request for appeal regarding the token's status.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
XRP Community Awaits This Airdrop as XRP Burning Takes Center StageDiscussions about XRP burning are reemerging
Read more »
XRP Community Debates: Can It Reach $10? SEC Veteran Joins DebateSEC veteran Marc Fagel decodes Ripple case as community argues whether XRP can hit $10
Read more »
Bohm, Realmuto hit back-to-back homers as Phillies rally for 4-2 victory over BrewersAlec Bohm and J.T. Realmuto opened the seventh inning with back-to-back homers and the Philadelphia Phillies defeated the Milwaukee Brewers 4-2 to avoid being swept despite getting held hitless until the sixth.
Read more »
Bohm, Realmuto hit back-to-back homers as Phillies rally for 4-2 victory over BrewersAlec Bohm and J.T. Realmuto opened the seventh inning with back-to-back homers and the Philadelphia Phillies defeated the Milwaukee Brewers 4-2 to avoid being swept despite getting held hitless until the sixth.
Read more »
Bohm, Realmuto hit back-to-back homers as Phillies rally to top BrewersAlec Bohm led off the inning by sending a 2-1 changeup over the wall in left center. J.T. Realmuto followed with a 443-foot drive to center off a 1-0 cutter as he homered for a second straight game.
Read more »
Why Charles Bronson's Death Wish Movie Was So Controversial Despite Being A Box Office HitDeath Wish generated its fair share of controversy
Read more »