XRP
Why XRP is up 2.1% today
Analysis
XRP rose 2.1% over the past 24 hours amid signs of expanding access and renewed attention around the ecosystem. The Block reported that SoFi added XRP deposits, which can be interpreted as another mainstream on-ramp for XRP despite user complaints about limited wallet transfer functionality.
Contributing Factors (3)
SoFi adds XRP deposits but users criticize lack of external wallet transfers
According to SoFi's support page, the crypto platform does not permit XR transfers to outside wallets.
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Ripple races to make XRP Ledger quantum-ready as computing threat turns βcredibleβ
The company also made the case that XRP Ledger is better prepared than other blockchains, including Ethereum.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.