![Inside Ripple’s [XRP] on-chain clan amid CEO’s ‘good fight’ appreciation](https://i.headtopics.com/images/2023/5/7/cryptoamb/inside-ripple-s-xrp-on-chain-clan-amid-ceo-s-good--inside-ripple-s-xrp-on-chain-clan-amid-ceo-s-good--1655008296435056643.webp)
Although there has been recent projections of an end to Ripple's troubles with the regulators, XRP's traction remains questionable.
Due to its ongoing legal battles with the U.S. Securities and Exchange Commission ,
has been forced to navigate the complex crypto landscape. Despite the challenges, Ripple’s clan, comprising its dedicated community of supporters, has continued to demonstrate unwavering support for the project.In the face of adversity, the XRP community has ensured that the token formed part of the top discussions. Based on on-chain data, the
, which measures the activity mentioned above, had notable highs in every month of the year since 2023 began.But at the time of writing, the social dominance decreased to 0.875%. This inferred that the XRP hype had lessened. However, the token’s volume has not significantly shown signs of a notable increase since April ended.At press time, the XRP volume was 742.29 million. The volume shows the aggregate number of tokens that have been involved in transactions within a network.
The CEO, who was physically present at the XRP Las Vegas event, mentioned that he was glad to meet many supporters in person.
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