SNEAK PEEK
- Messari has highlighted the achievements of XRPL in a recent tweet.
- XRP, the native token for Ripple, shot up over 20% in the last 24 hours.
- Messari`s CEO is hopeful that Ripple will win against the SEC.
Messari, a leading provider of crypto research and data analytics, has highlighted the achievements of the XRP Ledger (XRPL), despite the regulatory uncertainties surrounding Ripple Labs Inc. According to Messari, XRPL aims to provide a digital payment infrastructure for individuals and existing financial entities such as central banks.
1/ Despite the external pressure being applied by U.S. regulatory authorities, the $XRP Ledger (XRPL), supported by @Ripple, aims to provide a digital payment infra not just for individuals, but also for existing financial entities such as central banks.
XRPL Overview?? pic.twitter.com/Cv08YK2HrO
— Messari (@MessariCrypto) March 21, 2023
Notably, with Messari’s endorsement, the XRPL is gaining ground as a reliable platform for secure and efficient cross-border payments, according to market watchers. Following this endorsement, XRP, the native token for Ripple, has skyrocketed to levels of $0.464, a 20.17% rise in the past 24 hours.
Moreover, Ryan Selkis, the CEO of Messari, recently tweeted in favor of Ripple, which also sparked enthusiasm among the XRP community. Selkis declared his support for Ripple and said that he thinks they will prevail in their legal dispute with the SEC about the security classification of XRP.
I’ve been critical of Ripple in the past (various reasons), but more aligned with them than ever before.
Ripple should win the overreaching XRP-SEC case, and the XRP Ledger should be afforded the opportunity to compete fairly on digital payments infra globally.
Demand is there! https://t.co/fewaEami0p
— Ryan Selkis ? (@twobitidiot) March 21, 2023
He said he is hopeful that this result will make it possible for the XRP Ledger to compete on an equal playing field as a digital payments network.
It is important to remember that the reputation of XRP as a cryptocurrency and the potential of the XRP Ledger as a digital payment infrastructure have been damaged by the protracted legal dispute between Ripple and the SEC. Selkis’ excitement and conviction that Ripple and the XRPL will succeed offers the community some hope.
According to other experts, with Selkis’ support, the XRPL and Ripple can continue to focus on their mission to provide a reliable and efficient digital payment infrastructure.
