{"id":424413,"date":"2023-07-29T12:38:01","date_gmt":"2023-07-29T12:38:01","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=424413"},"modified":"2023-07-29T12:38:01","modified_gmt":"2023-07-29T12:38:01","slug":"as-ripple-price-surges-could-deelance-token-benefit-from-spillover-interest","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/as-ripple-price-surges-could-deelance-token-benefit-from-spillover-interest","title":{"rendered":"As Ripple Price Surges, Could DeeLance Token Benefit From Spillover Interest?"},"content":{"rendered":"

Two weeks ago, Ripple Labs’ partial victory in the SEC lawsuit<\/a> propelled XRP to a massive surge in value, totaling 70% in daily gains. Despite the financial regulator’s intentions to appeal the court ruling, the coin’s outlook has significantly improved.<\/p>\n

This victory had a positive spillover effect on the entire crypto market, with the likes of Solana, Cardano, and Polygon rising around 10%.<\/p>\n

Notably, SOL, ADA, and MATIC were also labeled as securities by the SEC.<\/p>\n

Alongside the legal success, several other favorable developments are contributing to the rising value of XRP.<\/p>\n

Ripple Partners with Catalyze Research in South Korea<\/h2>\n

Ripple is partnering with Catalyze Research in South Korea, a move intended to boost awareness and adoption of the XRP Ledger. They plan to develop an educational program for developers, host workshops, meetups, and hackathons to encourage decentralized application integration on XRPL.<\/p>\n

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🚨BREAKING: #RIPPLE<\/a> PARTNERS WITH SOUTH KOREAN FIRM TO BOOST $XRP<\/a> ADOPTION! pic.twitter.com\/6v4E6zdELY<\/a><\/p>\n

— CryptoGeek (@CryptoGeekNews) July 28, 2023<\/a><\/p><\/blockquote>\n