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XRP price is melting faces with a 110% surge in the last seven days, breaking the $1.00 psychological resistance. This performance surprisingly happens amid strong 3 billion XRP selling pressure from Ripple—the token’s largest holder—in 2024 alone. Even more notable, XRP is up 123% month-to-date, just after Ripple unprecedentedly prepared its largest monthly dump in the last seven years, reserving and spending 470 million from the 1 billion XRP escrow unlock, as Finbold reported. Overall, Ripple has reserved and spent 3.046 billion XRP year-to-date, worth over $3.46 billion at current prices. Finbold has been monitoring and reporting these sales in 2024 through XRP Scan, looking at the ‘Ripple (1)’ labeled account. Picks for you Bitcoin price levels to watch as $100,000 target becomes more realistic 2 hours ago...

In a rather surprising development for the crypto industry, Ripple co-founder and executive chairman Chris Larsen has endorsed Democratic nominee Kamala Harris for president. Indeed, Larsen was one of 88 corporate executives across the country to endorse Harris in a new letter. The move is a departure from many digital asset leaders who have voiced support for Republican candidate Donald Trump. That decision is largely connected to Trump’s embrace and advocacy of the cryptocurrency asset class. To this point, the Harris campaign has been quiet on digital currencies and their palace in her administration. JUST IN: Ripple Co-Founder & Executive Chairman Chris Larsen endorses Kamala Harris for President. pic.twitter.com/C73cDl8rVb — Watcher.Guru (@WatcherGuru) September 6, 2024 Also Read: How High Will Bitcoin Trade if Kamala Harris Becomes the US President? Ripple Co-Founder and 88 Corporate Leaders Endorse Harris for President The United States is headed toward one of its mo...