
{"id":12547,"date":"2024-10-09T08:58:00","date_gmt":"2024-10-09T08:58:00","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=12547"},"modified":"2024-10-09T08:58:00","modified_gmt":"2024-10-09T08:58:00","slug":"important-ripple-xrp-announcement","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=12547","title":{"rendered":"Important Ripple (XRP) Announcement"},"content":{"rendered":"<p><strong>TL;DR<\/strong><\/p>\n<p>Ripple received an award for being the best cross-border payments platform in 2024, adding to its track record of industry recognitions.<br \/>\nDespite the company\u2019s accolade, XRP\u2019s price did not chart any substantial gains lately, being negatively impacted by the latest developments in the Ripple v. SEC case.<\/p>\n<h2><span><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/Rippl_CB.jpg\"><\/a><\/span><\/h2>\n<h2>In The Spotlight<span>\u2026<\/span><span> Again<\/span><\/h2>\n<p><span>Juniper Research, an entity that specializes in delivering in-depth market research and strategic insights for the digital technology sector, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/juniperresearch\/status\/1843648793214091509\" target=\"_blank\" rel=\"noopener\"><span>awarded<\/span><\/a><span> Ripple the Platinum prize for best cross-border payments platform in 2024.\u00a0<\/span><\/p>\n<p><span>The news triggered excitement across the crypto community, mainly applauded by the XRP army. Ripple chipped in, too, sharing the announcement on its X account.<\/span><\/p>\n<p>We\u2019re pleased to announce that Ripple has been named a Platinum Winner in Best Cross-Border Payments Platform by <a href=\"https:\/\/twitter.com\/juniperresearch?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@juniperresearch<\/a>\u2018s Future Digital Awards for Fintech &amp; Payments 2024! <a href=\"https:\/\/t.co\/EXz2Xll3VR\" target=\"_blank\" rel=\"noopener\">https:\/\/t.co\/EXz2Xll3VR<\/a><\/p>\n<p>\u2014 Ripple (@Ripple) <a href=\"https:\/\/twitter.com\/Ripple\/status\/1843735721150165085?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">October 8, 2024<\/a><\/p>\n<p><span>This is not the first prestigious award <\/span><span>that goes to<\/span><span> the company\u2019s account. Last year, Ripple won the payment prize in the UK<\/span><span> \u2013 <\/span><span>the PAY360 Awards.<\/span><span> It <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/ripple-wins-a-very-prestigious-award-in-the-uk\/\" target=\"_blank\" rel=\"noopener\"><span>topped<\/span><\/a><span> the ranking for being the leader in digital currencies\/assets in financial services.\u00a0<\/span><\/p>\n<p><span>Prior to<\/span><span> that, Fortune Magazine\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/ripple-xrp-finds-a-spot-in-a-very-prestigious-list\/\" target=\"_blank\" rel=\"noopener\"><span>placed<\/span><\/a><span> Ripple in the 13th place (out of 50) as \u201cthe best workplace in technology\u201d for 2023. According to the business magazine, 94% of the firm\u2019s employees consider it \u201ca great place to work.\u201d 98% of employees felt a warm welcome when they joined the entity, and 96% expressed support for the management team.<\/span><\/p>\n<p><span>Last\u00a0<\/span><span>but not least<\/span><span>, People Magazine\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/ripple-labs-included-in-this-prestigious-top-100-company-list\/\" target=\"_blank\" rel=\"noopener\"><span>included<\/span><\/a><span> Ripple in its list of \u201ctop 100 companies who care for employees and society.\u201d Other prominent corporations <\/span><span>that were part of<\/span><span> that club were NVIDIA, American Express, Deloitte, MasterCard, and more.<\/span><\/p>\n<h2><span>XRP Price Outlook<\/span><\/h2>\n<p><span>Ripple\u2019s latest honor has caused little-to-no volatility for the native token XRP. Its price has been hovering in the $0.52 \u2013 $0.54 range for the past week, struggling to retake the offensive following the recent developments on <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/ripple-v-sec-lawsuit-update-october-8th\/\" target=\"_blank\" rel=\"noopener\"><span>the Ripple v. SEC lawsuit front<\/span><\/a><span>.<\/span><\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/10\/XRP-Price-4.png\"><\/a>XRP Price, Source: CoinGecko<\/p>\n<p><span>As <\/span><em><span>CryptoPotato<\/span><\/em> <a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/xrp-price-crashes-12-as-sec-appeals-in-the-ripple-lawsuit\/\" target=\"_blank\" rel=\"noopener\"><span>reported<\/span><\/a><span>, the agency appealed a 2023 verdict <\/span><span>set<\/span><span> by Judge Torres, which ruled that secondary sales of the company\u2019s XRP token did not constitute securities sales. In the aftermath, the asset\u2019s value crashed by double digits, losing the momentum registered at the end of September.\u00a0<\/span><\/p>\n<p><span>However, XRP\u2019s recent shaky performance <\/span><span>seems to have<\/span><span> not changed the bullish stance of some analysts.<\/span> <span>The <\/span><span>popular<\/span><span> X user Dark Defender<\/span><span>, for instance,<\/span> <a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/xrps-fundamentals-are-still-solid-despite-secs-appeal-in-ripple-lawsuit-analysts\/\" target=\"_blank\" rel=\"noopener\"><span>claimed<\/span><\/a><span> that \u201cnothing has changed\u201d for the firm and its native token after the latest development in the legal battle.<\/span><span>\u00a0<\/span><\/p>\n<p><span>\u201cThe SEC appeal is a pure blunder and will separate the 1% from the entire population with a poor mindset. The price is not dependent on this lawsuit, as we analyzed before,\u201d they added.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/important-ripple-xrp-announcement\/\">Important Ripple (XRP) Announcement<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>TL;DR Ripple received an award for being the best cross-border payments platform in 2024, adding to its track record of industry recognitions. Despite the company\u2019s accolade, XRP\u2019s price did not chart any substantial gains lately, being negatively impacted by the latest developments in the Ripple v. SEC case. In The Spotlight\u2026 Again Juniper Research, an [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":12548,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-12547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/12547"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12547"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/12547\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/12548"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}