Litecoin Hits Developmental Milestone; IntelMarkets’ Route X21 Captures The Limelight From XRP Grayscale News
In today’s crypto news, Litecoin (LTC) has quietly made a significant power play. While the world was fixated on Ripple’s (XRP) grayscale news, Litecoin’s hash rate soared to unprecedented heights, signaling a newfound strength and security. But that wasn’t all. IntelMarkets (INTL) stole the show with its groundbreaking Route X21 protocol, promising to revolutionize DeFi security. Let’s zoom into these trends further.
Litecoin’s Hash Rate Soars: A New Milestone
The Litecoin (LTC) Network has recently witnessed an exclusive groundbreaking development. Litecoin (LTC) claims that it is processing over a quadrillion hashes per second, demonstrating the network’s growing robustness, security, and durability.
A higher hash rate indicates that the network is more secure. As a result, it becomes far more difficult for malicious actors to launch a 51 percent attack to manipulate and control transfers.
This guarantees that it will remain secure and stable. Litecoin’s (LTC) growing popularity among cryptocurrency miners is also reflected in this increase in hash rate. They receive mining incentives in exchange for their processing power contributions.
Despite being one of the oldest and most well-known cryptocurrency assets, Litecoin (LTC) has developed a strong reputation with this development. Following this major developmental milestone and breaking through a key trend line, Litecoin (LTC) is showing tremendous upward momentum.
LTC is now trading around $63.01 as of this writing, which might indicate the start of a longer-term rising trend. According to a renowned cryptocurrency analyst, “This movement could initiate a larger upward trend for LTC towards $72, $82, $90, and $108” on the X platform.
Grayscale’s XRP Move: A Signal of SEC Optimism?
Grayscale, an asset management company, has created a new crypto investment trust fund for XRP, allowing authorized investors to obtain direct exposure to the cryptocurrency. The news from Grayscale has also raised rumors of a possible XRP ETF in the near future.
Furthermore, a user of X recently brought attention to the fact that Grayscale pulled XRP from its fund in response to the SEC’s action against Ripple (XRP).
With just three weeks left until the SEC may file an appeal of the court’s ruling in the Ripple case, the Grayscale reappearance may indicate that there is little chance of an unfavorable SEC appeal.
Over the last three years, the XRP price has followed a sideways trend that has formed a symmetrical triangular shape. At its current price of $0.56, XRP is only 5% away from breaking through the top trendline of the pattern.
A bull run and/or a downtrend bottoming would be confirmed by an upward breakout from the current resistance. In contrast, should the overhead barrier hold, the price of XRP will continue to consolidate for some time to come.
IntelMarkets (INTL): Route X21 Development Sets Crypto Markets on Fire
Advanced AI trading tools are being made available to regular cryptocurrency investors by IntelMarkets (INTL), a dual-chain platform. The idea behind IntelMarkets (INTL) is to democratize AI-powered trading and provide everyone an opportunity to make well-informed decisions and boost profits.
IntelMarkets’ (INTL) AI bot, which can learn on its own, is one such technology. This bot was created by a team of highly skilled experts with prior work experience at major corporations like Goldman Sachs, MIT, and OpenAI.
The bot will help users of IntelMarkets (INTL) keep an eye on market movements, oversee their portfolios, mitigate risks, and establish financial goals.
A recent announcement was made by IntelMarkets (INTL), regarding the initial stages of development of the Route X21 protocol. It is anticipated that the quantum-resistant protocol would provide enhanced security for DeFi assets on the blockchain layer and shield users from threats arising from the anticipated exponential growth in quantum computing power.
This ground-breaking news made such a buzz in the crypto market that it eclipsed Ripple’s (XRP) grayscale fund development.
The IntelMarkets (INTL) presale is still going on, with the INTL coin being sold for $0.009 only. By year’s end, analysts predict that individuals who sign up now will have gained a 1,100% return on investment.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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