The latest development shows that Ripple is gradually expanding its operation in the United States as more Californian firms show appreciation for the country’s digital currency market. This transition comes against the backdrop of an evolving regulatory landscape as the company aims to tap into other markets in the region.
Ripple’s Hiring Strategy Turns to the US
Furthermore, in the last six weeks of the year 2024, the company signed more deal-based networks in the United States than in the six months prior. They point to a rebound in confidence in the domestic market which investors hope may be followed by a change in the stance by the SEC.
SEC Appeal Remains a Key Factor
XRP is at the moment being traded at around $2.39 hence a slightly higher value of 0.45% within the last one day. A look at the market signifies some degree of optimism with the Relative Strength Index (RSI) slightly above the midline at 57.65 which points to neutrality and mild bulls.
