XRP big news
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Bitstamp, the leading cryptocurrency exchange, plans to make a major announcement for XRP.
Bitstamp, a Luxembourg-based cryptocurrency exchange, has indicated that it plans to make a major announcement for XRP later today.
Bitstamp announces XRP's major announcement
The leading cryptocurrency exchange published a tweet titled "Tomorrow". It adds several topic tags related to XRP, including XRP Ledger (XRPL).
Interestingly, Bitstamp also attached a short video clip to the tweet, emphasizing the exchange's plan to take XRP to a new level. The video also shows that the XRP rocket is moving upwards.
This shows that once the announcement is made, it may push the price of XRP to rise sharply. At the same time, Bitstamp gave no further hints about what XRP community members should expect.
XRP enthusiasts guess
However, XRP enthusiasts have speculated about the content of the announcement in the comments section.
Commenting on this progress, Panos, founder of Digital Generation Finance, speculated that Bitstamp might plan to announce a comprehensive XRPL integration.
He added that the exchange may announce that DEX has been connected to its order book, and the focus of legal/non-legal ramps is payment.
The famous XRP enthusiast and Bitrue Ambassador XRPcryptowolf also said that cryptocurrency exchanges may plan to integrate XRPL into their platforms.
At the same time, wEeZiE, an XRP fan, pointed out that Bitstamp has become a gateway to facilitate access to Ripple network.
However, he said that the announcement may be related to Ripple's acquisition of a minority stake in Bitstamp.
WEeZiE told Monica Long, president of Ripple, about the company's recent acquisition of Bitstamp shares. Recall that in May, Ripple acquired a minority stake in Bitstamp to expand its business.
According to wEeZiE, Long said that the acquisition will enhance Ripple's international influence and diversify its products beyond the payment field.
Relationship between Bitstamp and Ripple
It is worth noting that Bitstamp has become the main gateway of Ripple, allowing customers to enter RippleNet. Bitstamp is a long-term partner of Ripple on-demand liquidity (ODL).
Ripple and other whales put a lot of XRP in and out of Bitstamp for ODL-related purposes. It was reported in June that Ripple transferred 23 million XRP coins to Bitstamp.
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