XRP tops in social activity following impressive price rise $XRP XRPArmy Ripple XRPCommunity XRPholders
Optimism about the classification of Bitcoin and Ethereum as commodities in the U.S. Commodity Futures Trading Commission filing against Binance might have boosted XRP sentiment.
For over two years, Ripple has been entangled in a legal battle with the U.S. Securities and Exchange Commission , which alleges that the sales of XRP were an unregistered security offering.who goes by the name"Panos" thinks the XRP run is the result of a combination of events that creates a positive cycle, and he does not believe it will stop.
Another positive catalyst he highlighted is utility, as hundreds of projects are currently building on top of XRPL and using XRP for multiple use cases. There are also lots of upcoming developments and innovations such as smart contracts, sidechains and AMM.Also, misinformation about XRPL is gradually being dispelled as its awareness grows, with crypto users learning what XRPL/XRP is capable of and that it is decentralized after years of endless misinformation hiding its amazing features.
Lastly, XRP and Ripple are seeing positive bias even from such renowned critics as the founder of Messari as the SEC lawsuit draws to an end.
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