This is the positive side of XRP after the SEC appeal in the Ripple case: Details

TL;DR

• XRP saw a spike in discussions on social media due to the Bitwise ETF filing and renewed developments on the Ripple v. SEC.
• Aptos (APT) gained traction with its expansion in Asia, while the recent popularity of Chainlink (LINK) is tied to the collaboration with SWIFT.

Biggest buzz around XRP

Santiment cryptanalysis platform x.com/santimentfeed/status/1842040433112748219″ target=”_blank” rel=”noopener” data-wpel-link=”external”>My dear that Ripple's native token has recently experienced the highest level The discussion increases on social networks..

One influential element is Bitwise's application for an XRP exchange-traded fund (ETF). As CryptoPotato reportedThe company registered the product in Delaware, generating excitement and anticipation among the community that an ETF related to the asset could be on the way.

XRP is also trending due to the US SEC's decision to appeal a 2023 verdict handed down by federal judge Torres. At that time, the magistrate ruled that secondary sales of Ripple's token did not constitute sales of securities.

The regulator had until October 7 to object, and numerous market observers predicted the end of the long legal dispute if it had remained silent. The appeal presentedalthough, It means that demand may continue for a few more years, causing a new dose of uncertainty.

XRP price reacted negatively to the news, falling by double digits to a monthly low of around $0.51. It recovered slightly in recent days and is currently trading at around $0.52 (according to CoinGecko data).

The other trending cryptocurrencies

According to Santiment, Aptos (APT) and Chainlink (LINK) completed the top 3 club of the digital assets that witness the most discussions.

Aptos Labs recently showed its intentions to expand its presence in asia by agreeing to acquire Japanese non-fungible token (nft) service provider HashPalette.

“Japan is a key market for Aptos Labs. The agreement to acquire HashPalette and the migration of Palette Chain from HashPort to Aptos are critical first steps in empowering Japanese companies and developers with cutting-edge blockchain technology.” saying Mo Shaikh, founder and CEO of Aptos Labs.

The growing popularity of APT may also be linked to Franklin Templeton x.com/Aptos/status/1841470047598084404″ target=”_blank” rel=”noopener” data-wpel-link=”external”>launch of your US Government Monetary Fund (FOBXX) on-chain on the Aptos blockchain.

“This integration represents a key milestone in the fusion of TradFi with decentralized technology, further positioning Aptos as the leading network for secure, efficient and interoperable financial solutions,” stated the team behind the blockchain platform.

APT price is between best artists in the market after the aforementioned events. It is currently worth around $8.60, which represents a 20% increase on a two-week scale.

Chainlink (LINK) ranks third in terms of biggest social buzz. Santiment noted that industry participants are excited about SWIFT's collaboration on blockchain technology.

“Successful tests have been conducted involving Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and its role in connecting various blockchain networks for financial institutions,” the analytics platform said.

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