Forbes believes the price of XRP is set for influence with the lifted restrictions on banks’ crypto transactions in Nigeria. XRP tops the list of prominent digital assets yet to engineer a sensational trajectory amid the unfolding bull market. Data indicates that XRP has maintained a consistent price range for 30 days without surpassing the $0.6 threshold. Forbes has stated that Nigeria’s decision to lift restrictions on banks’ crypto transactions could substantially impact the price of XRP. In particular, a Chainalysis report from September revealed that Nigeria’s volume of crypto transactions surged by 9% year-over-year.

Source: Forbes December 29, 2023 11:00 UTC