John Bollinger, creator of the Bollinger Bands, recently hinted that XRP could become a market leader, marking his first comment on the token in years.
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He compared XRP’s resilience to resisting mythical temptations, a significant shift from his 2018 stance when he admitted to not having enough insight on the token’s future.
XRP has outperformed other cryptocurrencies recently, gaining 0.58% on Thursday while Bitcoin dropped over 4%.
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Over the past few days, it has surged more than 16%, largely driven by Franklin Templeton’s filing for an XRP-based ETF. The $1.5 trillion investment firm joins other major players like Bitwise and WisdomTree in pursuing approval.
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Additionally, Ripple’s legal battle with the SEC appears to be nearing an end, with the company reportedly seeking more favorable terms after last year’s $125 million fine. Meanwhile, the SEC is still deciding XRP’s regulatory status.
Alexander Stefanov
