XRP Price Challenges The Whole Market: Is The Bullish Relevant To The Ripple Case?

XRP price is heading to the record again!

XRP, the fourth largest cryptocurrency by total market cap, is currently challenging the entire cryptocurrency market. The XRP price has gained 23% in the last 24 hours, and everyone is wondering why it was rising suddenly.

🔥XRP Price Rising
The rise in XRP price may not actually be related to the case. A new hearing will take place on April 30 regarding the Ripple and SEC case, and users' expectations of this hearing are lower this time than before. The fact that SEC's pressured issues will be discussed at the hearing indicates that XRP investors may not hear very good news this time.

However, looking at the last 2 reports announced by Ripple, it can be interpreted that the source of the rise is partnerships. Looking at the posts published on the XRParcade platform, it is seen that a new connection has been established between Ibis and RippleNet, and this connection will be used within the scope of SWISSRoute from now on. The link will provide both SWIFT and Ripple-based payment services on a single platform.

🔥Two New Bloods to RippleNet
Ripple's partnership news is not limited to this. #BankDhofar has also recently joined RippleNet. BankDhofar, one of the largest banks in #Oman, announced that it was connected to the Indusind platform via #RippleNet and a payment channel was created here.

With the development in question, RippleNet's infrastructure will be used in transfers between Oman and India. The fact that users are more exposed to RippleNet every day and the number of platforms that can use it is increasing, reveals the growth that Ripple has achieved despite everything.

🔥Fateful Moment for XRP Investors
Although the price of XRP falls below $ 1 when the market drops sharply, it is moving to $ 1.5 as of the time of this writing. XRP, which has also managed to become the highest rising crypto among the top 10 cryptocurrencies in the last 24 hours, may be much different if it gets good news on April 30.

XRP hit the 2021 high of $ 1.98, and what happens on April 30 could lead to a break of $ 2 resistance or a drop to $ 1 support. For this reason, investors should follow the hearing very carefully.