Ripple Will Introduce Secure Gold and Silver on the XRP Ledger (XRPL)

Our analysis of the crypto world continues, the assets in question are Ripple XRP, Monero, and Gala. We will analyze the news, prices, and market statistics.

Crypto assets Ripple XRP, Monero, and Gala continue to attract attention in the market. Here's a closer look at their prices, market stats, and recent news:

1. Ripple (XRP):

Currently trading at $0.57, XRP boasts a market cap of around $32.1 billion. The 24-hour trading volume stands at $807.8 million, indicating significant interest in the market.

With a circulating supply of 56.1 billion XRP, the cryptocurrency maintains a relevant position in the sector. Investors hold XRP for an average period of 84 days, highlighting a moderate commitment to the cryptocurrency. Among cryptocurrencies, Ripple currently ranks 7th in terms of popularity.

2. Monero (XMR):

Trading at $153.82, Monero has a market cap of around $2.8 billion. The 24-hour trading volume has reached $64.4 million, indicating relatively moderate activity compared to other major cryptocurrencies.

Monero's circulating supply stands at 18.4 million XMR, contributing to its limited availability and market value. Despite its current price being significantly lower than its all-time high of $517.62, traders still value Monero for its unique privacy and anonymity features, making it a preferred choice for those seeking secure and private transactions in the cryptocurrency world.

3. Gala (GALA):

Trading at $0.0173, Gala boasts a market cap of around $587.1 million. In the last 24 hours, the trading volume has reached $92.0 million, indicating consistent interest among traders and investors.

The circulating supply amounts to 34.0 billion GALA, contributing to its wide distribution in the market. Among cryptocurrencies, Gala currently ranks 94th in terms of popularity, indicating a significant but not dominant presence in the sector.

Now, let's dive into some interesting news regarding these crypto assets:

1. Ripple to introduce secure gold and silver on XRP ledger:

In 2024, Ripple will introduce secure gold and silver tokens on the XRP Ledger (XRPL) as part of a broader effort to integrate physical assets into the world of cryptocurrencies.

This initiative will allow users to tokenize and trade precious metals on the XRPL, opening up new possibilities for efficient and transparent transactions in the commodities market.

2. Kokomo by Gala Games enters Web3:

After completing a major funding round from angel investors, Gala Games launched Kokomo, a new Web3 game, in 2024. This project marks a significant expansion in the world of blockchain gaming.

Kokomo integrates unique digital assets that players can own, trade, and use in the game, enhancing engagement and value for the community. The support of angel investors has enabled Gala Games to accelerate the development of the game, promising new features and advancements that could set new standards in the decentralized gaming sector.

Kokomo aims to become a point of reference for gaming enthusiasts seeking new experiences in the growing Web3 ecosystem.

The above is the detailed content of Ripple Will Introduce Secure Gold and Silver on the XRP Ledger (XRPL). For more information, please follow other related articles on the PHP Chinese website!