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Ripple Swell 2024: Key Insights and Potential XRP Price Movement

  • The Ripple Swell 2024 event concluded successfully, bringing together leaders in crypto to discuss XRP and crypto at large.
  • Although XRP did not experience a significant rally following the event, analysts expect it to surge and reach new local highs this month.
  • During Ripple Swell, Ripple announced new partners for its upcoming RLUSD stablecoin and discussed compliance, AI and blockchain convergence, stablecoins, and more.
  • XRP is currently trading at $0.5517, showing a marginal gain of about 1% in the past day, but analysts believe the monthly chart indicates a potential upcoming bull run.

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