Banks and other global financial organizations are becoming more interested in XRP, the cryptocurrency and digital payment system. However, the price of the altcoin has not changed, leaving many investors and analysts perplexed.
While some contend that the usage of Ripple’s private ledger conceals XRP’s actual value, others attribute this to issues with liquidity and market sentiment.
The best crypto to buy are now shining stronger that the SEC has acknowledged the filing of the first-ever SUI-based ETF by Canary Capital – an institutional crypto management and trading firm.
SUI is a layer-1 blockchain solution offering high-speed transactions through ‘horizontal scaling.’ It processes unrelated transactions simultaneously instead of processing each transaction individually, saving a lot of time.
SUI is also among the top 10 on the list of chains with the most Total Value Locked (DeFi). It houses more than $2B.
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