Prices and news of the crypto Ripple (XRP), Cardano (ADA), and Toncoin (TON)

Our column on prices and news in the crypto world returns, the main assets today are: Ripple (XRP), Cardano (ADA), and Toncoin (TON).

Prices and market statistics of the crypto Ripple (XRP), Cardano (ADA), and Toncoin (TON)

Ripple (XRP) is one of the most relevant cryptos in the market, currently ranked seventh in global popularity. Its current price is 0.51 USD, a value far from the all-time high of 3.84 USD, reached in the past. The market capitalization of XRP stands at around 29.2 billion USD, testifying to its importance in the cryptocurrency sector. The trading volume in the last 24 hours is about 1 billion USD, indicating a constant interest among investors.

Currently, there are 56.9 billion XRP in circulation, which contributes to its wide distribution.

Cardano (ADA) is a well-known cryptocurrency in the market, currently ranked eleventh in global popularity. Its price is 0.33 USD, significantly lower than its all-time high of 3.10 USD. The market capitalization of ADA is about 11.6 billion USD.

In the last 24 hours, the trading volume has reached 265.2 million USD, demonstrating stable and regular market activity. The circulating supply is 35 billion ADA, which contributes to its wide distribution and accessibility.

Toncoin (TON) is an emerging cryptocurrency with a current price of 4.85 USD. Its market capitalization is around 12.3 billion USD, indicating an increasingly established presence in the cryptocurrency sector. The trading volume in the last 24 hours was about 193.6 million USD, indicating rather lively trading activity, although lower compared to more popular cryptocurrencies.

With a circulating supply of 2.5 billion TON, this digital currency is relatively rarer compared to many other leading cryptocurrencies. 

New deadline for the Ripple (XRP) legal case against the SEC

The legal battle between the United States Securities and Exchange Commission (SEC) and Ripple has reached a turning point with the new deadline set by the court. The Court of Appeals for the Second Circuit has established January 15, 2025, as the final deadline for the submission of documentation by the SEC, a deadline that will have a significant impact on the progress of the case. 

The court order emphasizes that failure to comply with this date will result in the dismissal of the SEC’s appeal against Ripple. Additionally, the court has been very clear: no extensions or other types of postponements will be granted, thus reinforcing the definitive nature of this deadline. This stringent constraint represents a challenge for the SEC, which will have to prepare and submit the documentation without further delays. 

The dispute concerns the classification of XRP, Ripple’s token, and the SEC argues that XRP should be considered a security subject to regulation, while Ripple disputes this interpretation. The court’s decision could significantly influence the future of cryptocurrency regulation in the United States.

The new update of Cardano

Cardano has launched a significant update with the release of the first mainnet node capable of surpassing the Chang 2 inter-era hard fork. Named Cardano Node 10.11, this update introduces important improvements to the blockchain’s governance system.

Among the main innovations is the support for the delegation of stake pool operators (SPO) to the default voting options, a feature that aims to make participation in the decision-making process simpler and more direct for the network operators.

Furthermore, Cardano Node 10.11 introduces automatic abstention DRep votes, a feature that allows users to abstain from votes in an automated manner, thus improving the flexibility of the governance system.

These improvements are an integral part of Cardano’s vision for a decentralized and self-governed blockchain, where stakeholders have greater control over network decisions. With these developments, Cardano aims to strengthen its ecosystem, attracting new users and supporters of the platform who seek active participation in the management and evolution of the blockchain.