The crypto sector is on the verge of a phenomenal shift as US banks begin to adopt Ripple’s $XRP for cross-border payments. This development, potentially a major milestone for Ripple, follows a lengthy legal battle with the SEC, which concluded in 2023 with a court ruling that $XRP is not a security.
At the same time, experts carefully observe a massive investor influx in Galaxy Fox ($GFOX), a new ICO crypto expected to deliver a 450% ROI during its presale and with even greater growth potential post-launch.
Could $GFOX be on its way to becoming one of the best altcoins to buy?
Why is The Market So Hyped About Galaxy Fox?
Referred to as one of the best meme coins to buy, Galaxy Fox’s entire ecosystem is centered around a P2E gaming platform. Galaxy Fox allows players to acquire in-game assets that can be exchanged for $GFOX tokens, providing a special combination of gaming enjoyment and possible earnings.
A unique staking system further incentivizes the project’s community by adding two percent of all transactions to the Stargate reward pool. Stakers get a portion of these monies from this pool depending on how much and how long they stake.
During its presale, Galaxy Fox has quickly hit significant milestones, raising over $3.3 million and seeing its price jump from $0.00066 to $0.00198 through seven stages. With a presale model that escalates the price at each subsequent stage, three more price increases are scheduled, bringing a total of 450% ROI to the earliest backers.
For those aiming to capitalize on their investment, now is a prime time to get involved with $GFOX while the price is still on the lower side.
The Legal Journey and Breakthrough of Ripple
There have been significant setbacks for $XRP’s acceptance and worldwide expansion since the SEC’s 2020 lawsuit claimed Ripple of an unauthorized $1.3 billion digital asset offering. In 2023, however, the tide began to turn when Judge Analisa Torres issued a ruling that provided $XRP with the legal clarity it desperately needed, potentially making it easier for it to be used in the banking industry.
Ripple’s innovations in RippleNet and On-Demand Liquidity (ODL) have strengthened $XRP’s role in global finance. The anticipation within the financial community grows as Ripple CEO Brad Garlinghouse hints at an upcoming major event that could lead to $XRP being more widely adopted by US institutions. This progress is a breakthrough for $XRP, helping it establish a strong market presence.
Analysts believe that $XRP has a bright future ahead, some seeing its ATH at $18. Currently, the price of $XRP hovers around $0.5 and positions itself among the best altcoins to buy.
Summary
While $XRP is reestablishing itself on the market, $GFOX continues to hit new milestones and impress analysts. Galaxy Fox is the combination of innovation, practicality, and profit opportunity, and smart investors look at it as one of the best altcoins to buy.
With the 7th presale stage nearly sold out—99% of $GFOX tokens have been claimed—the next stage is just around the corner, along with a price jump. This is a golden chance you won’t want to miss.
Learn more about $GFOX here:
Visit Galaxy Fox Presale | Join the Community
Source: https://coinpedia.org/press-release/us-banks-set-to-adopt-xrp-gfox-sails-past-3-3-million/