Ripple (XRP) continues to rise… 30% increase in one day
Ripple (XRP) continues to rise thanks to expectations of the end of a lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC).
Previously, Ripple Labs and the SEC raised expectations for a final judgment before the end of the year by asking the US court to issue a summary judgment instead of a formal trial last week.
In addition, Ripple’s price surged nearly 47% over the week following reports that Ripple Labs CEO Brad Garlinghouse met with Caroline Pam, a member of the Commodity Futures Trading Commission (CFTC).
As of 13:38 on the Binance Tether (USDT) market, XRP is trading at $0.5356, up 30.76% from the previous day.
<You can receive more news from ‘Bloomingbit’, a blockchain and virtual asset (coin) investment information platform (app)> Bloomingbit reporter Jeong Hyo-rim [email protected]
Justin Sun “Web 3 will lead the future of decentralization… Focus on NFT”
Justin Sun, the founder of Tron, expressed his will to focus on the non-fungible token (NFT) business in the future with expectations for Web3.
Founder Sun, at the Upbit Developer Conference (UDC) held at the Busan Port International Exhibition and Convention Center (BPEX) on the 23rd, said, “Web3 has become a keyword now. I am also looking forward to it,” he said.
Then, referring to the future of Tron, he selected ‘decentralized finance (DFI)’, non-fungible tokens (NFT), and games as keywords. He said, “Recently, I started to be interested in games, and I am also collaborating with financial and NFT companies.”
In the meantime, he introduced the NFT platform, which he launched earlier this year. Founder Sun added, “The NFT platform has become the largest in the Tron protocol.
The founder of Sun also emphasized, “Tron considers NFT very important. We are also collaborating with various art houses such as Christie, and through this, we are providing a lot of support to artists.”
However, he feared that the regulations could become a stumbling block for future business. He said, “Web 3 and blockchain are not without obstacles.”
He added, “I think it is growing very rapidly now.” “Crypto achieved many milestones in a short period of time, and I think the metaverse industry can reach 100 trillion won.” <You can receive more news from ‘Bloomingbit’, a blockchain and virtual asset (coin) investment information platform (app)> Bloomingbit reporter Lee Ji-young [email protected]