The crypto market is buzzing with exciting new developments as the big players keep making progress. Since the SEC recently approved Ethereum ETFs, people are getting more and more excited about what could happen next. Standard Chartered thinks that Ripple (XRP) could be the next big cryptocurrency to get an ETF, which could happen as early as 2025. At the same time, the Terra Classic group is about to get a big network upgrade, and KangaMoon (KANG) has raised more than it ever thought it would. This piece goes into detail about these important events and looks at how they might have affected the market.
As crypto ETFs gain steam, Ripple (XRP) stands out.
When the U.S. Securities and Exchange Commission (SEC) approved Ethereum ETFs, it was a big step forward for the cryptocurrency market. This legal green light has made it possible for other well-known cryptocurrencies to do the same. One of the top contenders is Ripple (XRP), a digital asset that has a strong market footprint and a large group of supporters.
A top expert at Standard Chartered named Geoffrey Kendrick has made a bold guess: Ripple could get an ETF by 2025. As this prediction comes out, Ripple is still in court fight with the SEC, which has given the cryptocurrency both problems and chances. Ryan Kendrick and Brad Garlinghouse, the CEO of Ripple, both feel optimistic about the chance of a Ripple ETF.
The bitcoin market could be affected in many ways by the launch of a Ripple ETF. Some traditional investors may find it easier to buy in ETFs, which could bring a lot of money into Ripple and make its market more liquid. This new growth could make Ripple even more of a leading cryptocurrency, which would lead to more adoption and use in many areas.
Over $7 million has been raised for KangaMoon (KANG).
KangaMoon (KANG) has become one of the best performers in the cryptocurrency market, giving its early buyers huge returns. A lot of people are interested in the project’s initial coin offering (ICO), which has raised over $7.2 million and is getting close to its $8 million goal. This success shows that KangaMoon is a good place to spend your money.
KangaMoon is special because it combines Social-Fi and GameFi in new and interesting ways. The platform rewards users for being involved on social media and in the KangaMoon ecosystem. This makes the community more engaged and active. Over 32,000 new users joined the site in just one week, showing that this strategy works very well.
KANG’s listing on well-known crypto sites like CoinMarketCap and CoinGecko has made it even more visible and trustworthy. Investors can now easily keep an eye on KANG’s price and results, which builds trust and openness. Also, KangaMoon’s planned listing on BitMart, a top-tier exchange, is expected to be a major bullish catalyst that will bring in even more interest and investment.
KangaMoon is set up for continued growth, with a 400% price increase and big funding goals met. Many experts think that KANG will go up in value and that it could hit $1 by the end of the year. As the bonus stage of KangaMoon’s ICO comes to a close, now is a great time for buyers to join this exciting project.
Terra Classic (LUNC) Gets Ready for the V3.0.1 Update
With the plan for v3.0.1, the Terra Classic (LUNC) community is getting ready for a major network upgrade. This update, which is set to happen on June 2, is the result of the developer team, Genuine Labs, working together. If accepted, the upgrade will happen by stopping the chain. This will make sure that the switch to the new protocol goes smoothly.
The v3.0.1 update has a number of technology improvements that are meant to make the Terra Classic network work better and more efficiently. Some important parts of the update are:
- With Wasmd v0.45: The framework for executing Wasm smart contracts has been improved.
- IBC-Go v7: Changes to the Inter-Blockchain Communication system that make it easier for chains to work together.
- SDK v0.47: The most recent version of the Cosmos SDK, which makes the building framework stronger.
- Fix for P2P Storm: The stability and speed of peer-to-peer networks have been improved.
The successful implementation of the v3.0.1 upgrade is intended to make the Terra Classic network work better and be more reliable overall. The upgrade is meant to boost user trust and get more developers to build on the Terra Classic platform by fixing important technical issues and adding new features. This could possibly lead to more people using and adopting LUNC.
The world of cryptocurrencies is changing quickly, and big changes are on the way. Standard Chartered says that a Ripple ETF could be released by 2025. This could mean a change in the market, which would be good for buyers and raise Ripple’s profile. KangaMoon is a great place to invest because it has raised a lot of money and come up with new ways to use Social-Fi and GameFi. At the same time, the Terra Classic community’s attempts to improve its network show a dedication to always getting better and being strong.
As these events happen, they add to the fact that the crypto market is always moving and changing. Both investors and fans should stay up to date on these groundbreaking developments and be ready to take advantage of the possibilities they bring.
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