According to @MasonVersluis , XRP has been quietly RELISTED on Canadian exchange Bitbuy.

Ripple has submitted a written evidence document to the U.K. parliament discussing the potential benefits of XRP and other cryptocurrencies to the country's economic and financial standing. The document highlights the efforts at communication between Ripple and the U.K. government regarding crypto adoption and acknowledges the U.K.'s existing fintech success, infrastructure, and talent.

XRP's price is currently at a critical point that will determine whether it will break out or experience a sell-off. While Bitcoin and Ethereum are experiencing gains, XRP is only up by 0.1%.

Crypto Eri, a top XRP influencer, has announced the upcoming XRP Gold Coast 2024 Conference on Twitter, inviting the wider crypto community to attend. The conference, themed "A Wave of Innovation," will feature discussions, presentations, and workshops on the latest advancements in the XRPL and XRP ecosystem.

Market analysts have identified a buy signal for XRP, with crucial support and resistance levels highlighted. The TD Sequential indicator has presented a buy signal for XRP on the 3-day chart, indicating a potentially favorable opportunity for investors.

XRP's social dominance has risen, indicating a possible recovery, but further on-chain data is required for a price increase. Despite struggling to recover from a prolonged decline, emerging market trends suggest a potential turnaround for XRP.

Despite the volatility of the market, on-chain data shows that wealthy XRP investors have continued to accumulate large amounts of XRP since late February. These investors have been persistently amassing more XRP tokens, with large whale investors accumulating 1.1 billion XRP tokens since late February, worth around $570 million.

The writer's opinion is presented and it is not financial, investment, trading, or other types of advice. Short-term traders can trade within the XRP range, while those looking to build a long position can do so in the $0.46 region.

XRP's circulating market capitalization and price both decreased by over 10% in Q2, but its year-to-date market cap remained up due to a rise in Q1. The Ripple vs. SEC lawsuit had an impact on XRP's price, with a revenue spike occurring in June. XRPL's network activity metrics declined in Q2, but the NFT ecosystem saw growth.

Messari, an on-chain analytics firm, has released a Q2 report highlighting the growth of XRP and XRPL. XRP's circulating market cap has increased by 42.5% YTD, mostly due to its price spike in Q1. The recent price movements of XRP have been influenced by news surrounding the SEC's ongoing lawsuit with Ripple.