Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Ripple (XRP) Will Soon Partner With Wanchain

Published 04/11/2021, 05:55 AM
Updated 04/11/2021, 06:00 AM
Ripple (XRP) Will Soon Partner With Wanchain

Ripple (XRP) Will Soon Partner With Wanchain

  • Ripple (XRP) will soon enter into a partnership with Wanchain.
  • When this happens, holders will be able to use XRP tokens for liquidity mining and Yield farming activities.
  • Currently, XRP price is $1.43.

In a few days, Ripple (XRP) will partner with blockchain-based interoperability solution firm Wanchain.

According to Wanchain CEO Jack Lu, this joining will officially raise XRP use cases. Moreover, the collaboration will enable users to use the XRP token for liquidity mining and yield farming activities.

Also, under this partnership, XRP holders will have full access to easily experiencing a decentralized finance (DeFi) application via Wanchain, Ethereum, and many other blockchains.

Aside from this, Lu asked XRP holders to also take part in developing a sustainable DeFi system.

Lu tweeted,

I’m happy that we are just days away from XRP officially joining Wanchain’s family of decentralized, interoperable blockchain networks. Welcome to every XRP holder. Come, and join us! Let’s build this new DeFi world together.

Furthermore, XRP continues to look more promising and bullish nowadays in the crypto market despite its current SEC lawsuit allegations. Based on a report, XRP price increased from $1 to $1.40 a couple of days ago.

In support, Peter Brandt recently said that XRP could even hit a new all-time high after forming a bullish head-and-shoulder pattern. Presently, XRP price is $1.43 with a 24-hour trading volume of $27,079, according to CoinGecko

This article was first published on coinquora.com

Continue reading on CoinQuora

Latest comments

yes
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.