Why XRP's Rise Amid Coinbase's Revenue Dip Matters
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Why XRP's Rise Amid Coinbase's Revenue Dip Matters
Coinbase, a leading U.S. cryptocurrency exchange, experienced a significant downturn with a 17% drop in retail crypto trading and a 10% decline in revenue. Despite the overall market slump, XRP’s performance defied expectations, with transactions on Coinbase surging by 458% in value over a year. Ripple’s legal victories, particularly a court ruling affirming XRP sales on exchanges, enabled Coinbase to resume XRP trading after two years. XRP beca…
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