📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
XRP, as a highly regarded cryptocurrency, is known for its fast transaction processing capabilities. Although its market capitalization once ranked third globally, its development trajectory is often closely related to mainstream cryptocurrencies like Bitcoin and Ethereum.
In terms of market performance, the price of XRP has historically been highly volatile. Between 2024 and 2025, influenced by multiple favorable factors, such as the impending resignation of the Chairman of the U.S. Securities and Exchange Commission (SEC) and positive progress in the Ripple vs. SEC lawsuit, the price of XRP surged significantly. As of February 7, 2025, the price of XRP reached $2.35. Notably, some institutions predict that the probability of XRP ETF approval in 2025 exceeds 70%. If this comes true, it could attract a substantial amount of new investment.
The issuance mechanism of XRP is quite unique. Its total supply is fixed at 100 billion coins, with no additional issuance. The founders of the XRP ledger donated 80 billion coins to Ripple, while Ripple locked 55 billion XRP in a series of escrow accounts, controlling their release through carefully designed transaction processing rules.
In terms of regulation, Ripple's legal dispute with the SEC has lasted for three years. The SEC accused Ripple of conducting an unregistered securities offering by selling XRP. However, in July 2023, the judge ruled that XRP itself does not fall under the category of securities. Subsequently, in 2024, the court significantly reduced the SEC's fine demand from the original $2 billion to $125 million. This series of rulings is undoubtedly a significant victory for Ripple and XRP, and is expected to significantly boost market confidence in XRP.
Although XRP shows great potential, investors still need to carefully consider the overall trend of mainstream cryptocurrencies, as this often affects XRP's performance. As the cryptocurrency market continues to evolve, the future development of XRP deserves ongoing attention.