XRP (XRP) 24-hour pump 0.71%

Gate News Bot news, on September 30, according to CoinMarketCap data, XRP (XRP) is currently priced at $2.89, with a rise of 0.71% in the last 24 hours, reaching a high of $2.99 and a low of $2.70. The 24-hour volume is $5.14 billion. The current market capitalization is approximately $172.615 billion, with a rise of $1.224 billion compared to yesterday.

XRP Ledger (XRPL) is a decentralized public blockchain led by a global community of enterprises and developers, aimed at solving problems and creating value. After more than a decade of error-free operation, XRPL offers simplified development, low transaction costs, high performance, and sustainability. It has advantages such as being public and decentralized, simplified development, high performance, low cost, an active community, and reliability. XRPL supports functionalities such as decentralized exchanges, cross-currency payments, payment channels, multi-signature, and tokens, providing developers with a robust infrastructure.

Important news about XRP recently:

1️⃣ Gate launches XRP on-chain staking mining Gate officially launched the XRP on-chain staking service, allowing users to participate in mining with a minimum investment of 1 XRP, with the current annualized yield reaching up to 0.05%. Staked assets can be redeemed at any time, with a redemption period of 3 days. This initiative provides XRP holders with a new channel for obtaining income and is expected to enhance the utility and attractiveness of XRP.

2️⃣ The US SEC requests to withdraw XRP ETF application The U.S. Securities and Exchange Commission (SEC) has requested that the XRP ETF issuer withdraw its 19b-4 application, as the general listing standards have been approved, replacing the 19b-4 application. This change may affect the approval process for the XRP ETF, but it also reflects that regulators are adjusting the approval process for cryptocurrency ETFs.

3️⃣ XRP continues to maintain market heat In the recent cryptocurrency popularity rankings, XRP ranks in the top three, showing investors' continued interest in XRP. This sustained popularity may have a positive impact on XRP's price and volume.

From a technical perspective, XRP has recently been fluctuating around the key resistance level of $3.00. The current price of $2.89 is slightly below this resistance level, and if it can stabilize above $3.00, it may further challenge recent highs. However, investors should still pay attention to the support around $2.70 to prevent further pullbacks.

This message does not constitute investment advice, and investors should be aware of market volatility risks.