2025-03-11 11:23

Block Media

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# Uncertainty Persists for XRP Amid Legal Dispute with SEC
XRP, initially surging in value after being designated a national strategic asset by the United States, is now facing continued regulatory uncertainty due to its prolonged legal battle with the U.S. Securities and Exchange Commission (SEC).
On October 10, digital asset news outlet Finbold emphasized that although XRP is considered a key asset in the digital asset market, investors are shifting their attention to emerging projects like SUI and Lightchain AI.
XRP is a digital asset designed to improve international remittance and payment systems between financial institutions. Following its announcement as a national strategic asset on October 2, XRP's price briefly climbed to $2.90. Experts suggest that in an optimistic scenario, XRP could rise to between $5 and $7, while even conservative estimates place its stable range between $2.34 and $4.23.
However, investors are increasingly focusing on projects offering faster transaction speeds and higher scalability. SUI, for instance, is a Layer 1 blockchain known for its high-speed, low-cost transactions. It's especially optimized for decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain-based gaming. SUI enhances network processing speed and asset management efficiency through its object-centric data model and Move programming language.
Lightchain AI is a project that merges artificial intelligence with blockchain technology. Utilizing an Artificial Intelligence Virtual Machine (AIVM), Lightchain AI is designed to train and execute machine learning models. The project applies encryption technologies to bolster data protection, aiming to effectively combine AI and blockchain capabilities.
Meanwhile, a U.S. court is scheduled to deliver a final judgment on the SEC's lawsuit against XRP on November 16. As of 11 a.m. local time on October 11, XRP is trading at $1.97 on CoinMarketCap, down 9.18% from the previous day.
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