Xumm, the self-custody wallet developed by XRP Ledger (XRPL) Labs, has launched unhosted.exchange, a new browser-based decentralized exchange on the XRP Ledger. The DEX will be fully operational and exclusively available to Xumm Pro users in an early access stage, with availability to the general public in May. The XRPL native DEX does not have a web version, presenting a limitation for users who wish to access it through their browsers, and unhosted.exchange is the answer to this issue. Users can buy, sell and trade any asset on XRPL without the need for a central authority, with all processes coming with no extra fees from Xumm. The launch is part of Xumm's efforts to enhance trading on the XRP Ledger for users.

XRP, a cryptocurrency, is experiencing a surge in investor interest, as evidenced by a steady increase in wallet addresses holding at least $100k worth of the asset. According to data from Coin Metrics and Messari, the number of these addresses has risen above 13,800 this year, with addresses holding at least $1 million and $10 million also seeing significant growth. The increase in addresses comes amid a recent rally in XRP's price, which has gained by over 38% in the past month. Additionally, XRP supporters are anticipating a win for Ripple in its ongoing lawsuit against the SEC, which could further boost investor confidence in the asset. As XRP continues to trade above the $0.51 price point, analysts suggest that a weekly close above $0.50 could lead to a rally towards $1.

According to the founder of Hogan & Hogan law firm Jeremy Hogan, the U.S. Securities Agency would not appeal if Judge Analisa Torres rules the XRP lawsuit in favor of Ripple and its top executives Brad Garlinghouse and Chris Larsen. 

XRP, the native cryptocurrency of Ripple, experienced a slight decline as the broader digital market saw a sell-off, coinciding with U.S. financial regulators launching legal attacks on several crypto exchanges. Despite this, crypto whales were caught moving millions of XRP between wallets and exchanges. WhaleAlert reported that over 214 million XRP tokens, worth approximately $107 million, were moved by whales in multiple transactions over the past 24 hours. Some of these tokens were transferred to different crypto exchanges in order to book profits, with the largest transaction being 98.6 million XRP, worth approximately $50.8 million, moved between unknown wallets. XRP has seen a surge of 37% in the last 30 days.

New York-based crypto exchange Uphold has disclosed that it never delisted XRP from its platform. The exchange took to Twitter to state that it strongly backed the XRP community despite the prolonged lawsuit between Ripple and the SEC.

Ben Armstrong, a top YouTuber and crypto influencer popularly known as Bitboy, has picked XRP to be the top-performing crypto asset in the next bull market. This opinion comes as the summary judgment disclosure in the longstanding XRP lawsuit draws closer.

Xrp rose for a second consecutive session on Wednesday, as the token continued to move away from a recent price floor. Since hitting an eleven-month high a week ago, the token has mostly consolidated. Avalanche was also in the green, as prices hit a one-week high.

Bitcoin recently soared to almost $29,000 after a brief dip following news of Interpol issuing a Red Notice on Binance's CEO, which turned out to be fake. Despite failing to continue upwards and challenge $29,000, bitcoin is still up 2% on the day amid bullish on-chain signs and sits north of $28,500. Ethereum is up almost 6%, charting an eight-month high above $1,900, ahead of the long-anticipated Shanghai upgrade. XRP has also surged by 5.3%, while Avalanche and Uniswap are notable gainers from the top 20 altcoins, having surged by over 6%. The total crypto market cap has added around $30 billion in a day and is above $1.2 trillion on CMC.