XRP Takes Rank 2 in Top Blockchains by Token Growth for its Exponential Growth This Week

Ripple Releases One Billion XRP Tokens, Sparks Investor Concerns and Market Movement
  • XRP has gained massive popularity after its complete win against the SEC.
  • In the last week, the token has seen massive growth taking rank 2 in top blockchains.
  • It beat out BNB, NEAR, TRON, SOL, and ETH but was beaten by INJ by a very small margin.

Since Ripple’s sweeping win in the long-fought Ripple vs SEC case, XRP has gained positive recognition around the world. One achievement includes the asset securing the second rank in top blockchains by token growth rate over the last seven days. 

XRP Ranks Second Beating Major Crypto Assets

As we can see from the post above, XRP has beaten many top-rated crypto assets including ETH, BNB, SOL, NEAR, and TRON. The asset was beaten by INJ for the top rank with a very small margin, once again exhibiting how fast the tides turned for XRP.

Amidst the rapid growth in XRP popularity and adoption, Bitnomial Exchange announced its intention to list XRP-US dollar Futures for XRP (XUS), commencing on or after August 13, 2024. It will do so under CFTC regulations and put XRP in a greater spotlight paving the way towards an XRP ETF in the near future.

XRP Could Easily Surpass $20

As the asset continues to gain more and more recognition since its complete win against the SEC, many crypto analysts and traders share bullish predictions for the price of XRP in the coming golden super cycle.

Based on one trader’s views, XRP is about to blow up. In detail, this traders highlights all the many factors that will likely help propel the price of XRP in the coming months. Besides the top reason in beating the SEC, the trader also highlights the project’s strong foundation, the crypto market’s slow recovery, and finally, he says that big money is already in XRP.

Using these factors, the analyst is certain that XRP will see a surge to over $20 and expects this price pump to come out of nowhere for many, but sees this as an inevitable call for seasoned traders. 

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