Regardless of ongoing considerations over the lawsuit towards the SEC, The XRP Ledger (XRPL) demonstrated vital progress in a number of areas of its protocol in the course of the second quarter of 2023, in accordance to a current report by crypto analytics platform Messari.
The report reveals that the circulating market capitalization of XRP (XRP) has elevated by 42.5% for the reason that starting of the yr. Progress was pushed by the surge in asset costs within the first quarter; nonetheless, within the second quarter, market capitalization decreased by 10.7%, from $27.8 billion to $24.8 billion.
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