Saltık 
Following Ripple’s lawsuit against the US Securities and Exchange Commission (SEC), Binance US has rekindled interest in the cryptocurrency by sharing a detailed review of XRP. The update includes important details such as XRP’s origins, technology, and its ability to process 1,500 transactions per second, fueling speculation about the possibility of an XRP ETF.
Binance US Reveals XRP’s Origins and Technology
Binance US shared an X series (formerly Twitter) with updates on XRP. The series stated that the Ripple token was created in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto. It also confirmed that the cryptocurrency uses the XRP Ledger Consensus Protocol, which is different from the traditional proof-of-work system used by Bitcoin.
Might interest you: Ripple’s Chief Legal Officer Urges Kamala Harris to End SEC’s War on Crypto
Among the information shared, it was also emphasized that the XRP Ledger has the capacity to process 1,500 transactions per second. This shows that XRP offers a significant advantage in terms of scalability and efficiency.
These insights from Binance US came just a few days after Ripple’s legal victory against the SEC, and have rekindled hope in the community. This update made by Binance US is considered a reflection of the increasing legal interest in XRP. Whether XRP will have an ETF in line with these developments is eagerly awaited.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.