# XRP's Unlikely Pump

*Author: Bankless*
*Published: Jul 12, 2024*
*Source: https://www.bankless.com/es/xrps-unlikely-rise*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/06/Frame-50572--1--2.png)](https://www.bankless.com/sponsor/mantle-1706216729?ref=bankless-guide-to-solana&email=true)

  

XRP's Unlikely Pump
    
  

  
  Published on July 12, 2024

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      NEED TO KNOW
    
    
  
  
    
SEC Drops Another Investigation
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/Group-15--72-.png)](https://www.bankless.com/dashboard)- 🏆 **SEC Drops Investigation into Stacks Bitcoin L2. **The three-year investigation into Hiro Systems and STX has been abandoned by the SEC.
[*Read more on Bankless.com*](https://www.bankless.com/sec-drops-investigation-into-stacks-bitcoin-l2)
- 💵 **MakerDAO’s $1B Tokenized Treasury Plan Attracts Big Interest. **The $1B effort aims to reshape the protocol's reserve strategy.
[*Read more on Bankless.com*](https://www.bankless.com/makerdaos-1b-tokenized-treasury-plan-attracts-big-interest)
- 🆙** Wholesale Price Inflation Accelerates in June. **Consumer prices declined in June, but producer prices came in hotter than expected.
[*Read more on Bankless.com*](https://www.bankless.com/wholesale-price-inflation-accelerates-in-june)

.  .  .

 
  
    

    MARKET VIBES

  
  

    XRP Over Everything?
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: **Germany's war on BTC prices appears to be over after days of unloading billions of dollars in BTC onto the markets. Bitcoin was relatively flat on the day. Meanwhile, XRP continues to outpace BTC as it has for the past month. [*Will it continue?*](https://www.bankless.com/tools/token-hub/xrp)

Prices as of 4pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.15T
       

 
    
    ↗0.6%
    
  

  
    
    ↗3.9%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $57,754
       

  
    
    ↗0.4%
    
  

   
    
    ↗2.0%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,122
       

  
    
    ↗0.2%
    
  

   
    
    ↗4.3%
    
  
  

       ![](https://s2.coinmarketcap.com/static/img/coins/64x64/52.png)
    

  **XRP**
   
          $0.468

       

  
    
    ↗4.7%
    
  

   
    
    ↗10.1%
    
  

  

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🔒**New Token Rating: **You will be hard-pressed to find any crypto assets that outperformed **XRP** over the past 30 days. How will this token perform in the months to come?[Unlock XRP on Token Hub](https://www.bankless.com/tools/token-hub/xrp)

.  .  .

 
  
    

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A Comprehensive Guide To Solana
  
  
   
     
 
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/image---2024-07-12T151903.714.png)](https://www.bankless.com/bankless-guide-to-solana)**Solana's resilience has been the story  of the cycle.**

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