Although the lawsuit between Ripple and the SEC is still in full swing, thanks to the support of RippleLabs, the XRP market has received huge interest from investors all over the world. In addition, Ripple's on-demand liquidity -- a digital payment program that uses XRP to clear transactions -- was launched in key markets including Brazil, Africa, and Asia, among others. Even so, the XRP Ledger should have the core competency of scaling to accommodate the world's 7.5 billion people.

In the system state, the XRP ledger insists on solving 1,500TPS at a cost of $0.0002 for each transaction. XRP has very low throughput compared to competing blockchains like Solana, which can support more than 3,500 transactions per second at a similar cost.

Since its inception in 2013, Ripple and XRP have gained very large industry penetration based on apparent strategic partnerships with international commercial banks.

As a large-scale digital currency company with deep liquidity, Ripple has been providing extended capital support to its ODL users through the Line of Credit (LOC) program.

Ripple recently emphasized that in addition to this key trading advantage, companies using ODL have benefited from using Ripple's line of credit (LOC) to meet their own asset requirements, extending the line of credit to partners and providing flexible repayment terms.

Ripple is one of the biggest big winners as international banking systems such as the IMF and World Bank show great promise for the cryptocurrency market and blockchain applications based on CBDCs and stablecoins.

In early December, the Litecoin (LTC) network saw a lot of money being injected or drained, as evidenced by statistics from cryptocurrency exchange service WhaleAlert. 1,300,940 Litecoins (LTC) were transferred from each wallet on the blockchain, with a total market cap of nearly $97.4 million.

In addition, transferring 500,000 Litecoin (LTC) tokens to Binance for $37.4 million is the most relevant currency movement here.

The transaction constitutes an injection of Litecoin (LTC) currency into the exchange, as the currency is transferred out of personal wallets. These inflows are likely to have a negative impact on Litecoin (LTC) in the near future, as one of the main reasons investors deposit coins on such platforms is to sell them, which will also increase the selling pressure. The price of Litecoin (LTC) seems to be rising at the moment, so if you look at the monthly summary chart, it has fallen by more than 11% so far. Only time will tell if Litecoin (LTC) will keep its price up, but with a sale looming, it is more likely to drop.

As the first cross-chain communication protocol, Snowfall Protocol (SNW) enables the movement of fungible and irreplaceable assets between blockchains, regardless of whether they are compatible with EVM or not. When the network is operational in January 2023, it will be with the Snowfall Protocol (SNW) dApp, a secure and user-friendly asset sharing platform. The team also showed the prototype of the Snowfall Protocol (SNW) dApp to his text community, which has received some positive comments so far.

Although a entrant in the cryptocurrency market, Snowfall Protocol (SNW) has become the best choice for investors. Snowfall Protocol (SNW) is running its final round of pre-orders right now. The first two phases were very successful, with a price increase of more than 400%.

In addition, Snowfall Protocol (SNW) raised 3 million yuan in the first two rounds after selling nearly 200 million tokens. The current price of Snowfall Protocol (SNW) is $0.14, which is 400% higher than the price of the first stage.

The continued rise in the price of the Snowfall Protocol (SNW) has convinced the encryption community that it will soon rise further.

Brooks Entwistle, Ripple's vice president of worldwide customer success, recently emphasized: "With ODL expanding into nearly 40 payment industries around the world, accounting for about 90% of the foreign exchange market, the direct evidence is in the milk pudding - companies can use data encryption to give The speed, efficiency, reliability, and scalability required to fill our own speed, efficiency, reliability, and scalability are purely low-cost legally regulated financial infrastructure.”

In addition, Ripple emphasized that currency-based RippleNet customers have upgraded to ODL in Australia, Brazil, Malaysia, Dubai, the United States, and the United Kingdom.

Some of the new and optimized customers who have adopted RippleODL include AndeanWide, BCRemit, Cascade, ChoiceInternational, CrossPay, GCCRemit, GMT, HaiHa, iSend, Lulumoney by LuluFinancialHoldings, LyonsExpress, MoneyTrans, PMIAmericas, Remitee, RightChoicePayments, SirMoneyChanger, TierMoney, and WTMInternational, among others.