After other major crypto exchanges such as Coinbase and Kraken relisted XRP, the United States-based crypto exchange Gemini seems to be considering taking the same step. The latest share of the exchange has excited the XRP community. Here are the details.
After Ripple’s recent victory in the US Securities and Exchange Commission (SEC) case, the exchanges’ attitude to XRP has changed drastically. As we have previously reported, Judge Analisa Torres made a statement in favor of Ripple in her Summary Judgment of July 13, 2023, stating that the token sale does not mean securities. This decision has effectively reopened the doors for XRP trading on US crypto exchanges.
On July 13, Gemini said that research has begun for the relisting of XRP. As a new tip, Gemini’s official Twitter account posted a “Thinking Face Emoji” to a question about whether the token should be relisted. comment made. This created excitement in the crypto community and was perceived as a positive step for XRP enthusiasts.
While an official announcement that Gemini will relist XRP has yet to be made, such a hint suggests that the exchange may include XRP in its future plans. If such a step is taken, XRP’s liquidity and availability could increase, creating more opportunities for investors.
Alongside these, Cameron Winklevoss, Gemini co-founder and CEO, expressed his bullish sentiment regarding Bitcoin accumulation. He said that Bitcoin’s massive accumulation began with the rapid increase in applications for Bitcoin ETFs recently.
You can follow the current price action here.