Ripple (XRP) Price Analysis: 200,000 New Users Buy XRP 30-Days after US SEC Drops Charges Against Ripple 📈
Ripple (XRP) has experienced a significant price surge, rising above $2.40, fueled by positive market sentiment. This uptick comes after the US Securities Exchange Commission (SEC) decided to drop all charges against Ripple in mid-January. The impact was immediate, with on-chain data indicating that 200,000 new XRP wallets were created following this news.
This development occurs amidst broader market volatility driven by the US-China trade war. The resolution of legal challenges for Ripple appears to have revitalized investor confidence, leading to a resurgence in XRP adoption.
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