- Following Ripple’s historic victory, American cryptocurrency exchanges such as Coinbase and Kraken announced that they have relisted XRP.
- Binance US announced on July 14th that XRP has been relisted on the exchange and deposit transactions for XRP are active.
- Cryptocom also decided to relist XRP following other major crypto exchanges such as Coinbase, Kraken, and Gemini.
After the relisting decision of major exchanges like Coinbase and Kraken, Binance’s US branch, Binance US, has also initiated trading for XRP.
Binance US Joins the XRP Listing Trend
Following Ripple’s historic victory, American cryptocurrency exchanges such as Coinbase and Kraken announced that they have relisted XRP. Today, Binance US and Cryptocom also joined the ranks of those relisting XRP. Ripple’s XRP price has increased by 63% in the last 24 hours.
#Binance US will relist $XRP at 9 am ET today.
— CoinOtag EN (@coinotagen) July 14, 2023
Binance US announced on July 14th that XRP has been relisted on the exchange and deposit transactions for XRP are active. Trading has started for the XRP/USDT trading pair. Binance US’s official Twitter account also announced the relisting to the crypto community.
Cryptocom also decided to relist XRP following other major crypto exchanges such as Coinbase, Kraken, and Gemini and stated, “The Brave Have Supported Destiny!”
Cryptocom announced that users can trade XRP with USD, EUR, GBP, and over 20 fiat currencies, and deposit and withdrawal transactions are open.
XRP Takes Flight After the Judge’s Decision
Following Ripple’s victory against the US SEC, the decision by the Southern District of New York Court stating that XRP is not a security caused the XRP price to rapidly rise within hours. The court stated that Ripple’s XRP sales and other distributions do not represent investment contract sales. However, the institutional sales of XRP are considered investment contracts and violate securities laws.
The price of XRP is currently trading at $0.77. The lowest and highest values in the last 24 hours were $0.47 and $0.93, respectively, indicating that XRP’s price has increased by over 60% in the last 24 hours. Additionally, the trading volume has increased by 1700%, and the market capitalization has increased by 66%.
Large-scale transactions on the XRP ledger have reached the highest level of 2023. In the last 24 hours, the XRP Ledger recorded 637 large-scale transactions with a value of $100,000 or higher.
