
How Will New Developments Affect XRP Price?
Ripple Labs, originally named OpenCoin, was founded to create a decentralized system for faster, cheaper transactions, bridging digital assets with mainstream finance using XRP. Unlike Bitcoin, Ripple employs a unique consensus algorithm relying on bank-controlled validators. In 2020, the SEC sued Ripple, alleging XRP was an unregistered security. A court later ruled XRP was not…