Litecoin achieves development milestone. IntelMarkets’ Route X21 gets spotlight from XRP Grayscale news
In today’s cryptocurrency news, Litecoin (LTC) is quietly making a big power play. While the world was focused on Ripple (XRP) grayscale news, Litecoin’s hashrate soared to unprecedented heights, demonstrating newfound strength and security. But that wasn’t all. IntelMarkets (INTL) made headlines with its groundbreaking Route X21 protocol, which promises to revolutionize DeFi security. Let’s take a closer look at these trends.
Litecoin hashrate soars: new milestone
The Litecoin (LTC) network recently witnessed a groundbreaking development of its own. Litecoin (LTC) claims to process 1 quadrillion hashes per second, demonstrating the increased robustness, security, and durability of the network.
A higher hash rate indicates a more secure network. As a result, it becomes much more difficult for a malicious attacker to launch a 51% attack to manipulate and control the transfer.
This ensures that safety and stability are maintained. The increasing popularity of Litecoin (LTC) among cryptocurrency miners is also reflected in this hashrate increase. They receive mining incentives in exchange for contributing processing power.
Despite being one of the oldest and most well-known cryptocurrency assets, Litecoin (LTC) has gained acclaim due to this development. After this major development milestone, Litecoin (LTC) is showing incredible upward momentum as it breaks through an important trend line.
As of this writing, LTC is currently trading around $63.01, which could signal the beginning of a long-term uptrend. According to a prominent crypto analyst, “This move could trigger a larger uptrend for LTC on the X platform towards $72, $82, $90, and $108.”
Grayscale’s XRP movement: a sign of SEC optimism?
Asset management company Grayscale has created a new crypto investment trust fund for XRP, giving accredited investors direct exposure to the cryptocurrency. With news from Grayscale, rumors have also surfaced that an XRP ETF could be coming in the near future.
Additionally, X users recently drew attention to the fact that Grayscale withdrew XRP from its fund in response to SEC action against Ripple (XRP).
There are only three weeks left until the SEC appeals the court’s decision in the Ripple case, but Grayscale’s reproduction may indicate there is little chance of an adverse appeal against the SEC. .
Over the past three years, XRP price has followed a sideways trend forming a symmetrical triangle. At the current price of $0.56, XRP is only 5% away from breaking the top trend line of the pattern.
The bottoming of a bull market and/or downtrend is confirmed by an upward breakout from the current resistance. In contrast, if the overhead barrier holds, XRP price will continue to consolidate for some time to come.
IntelMarkets (INTL): Route X21 development ignites crypto market
Advanced AI trading tools are being made available to ordinary cryptocurrency investors by dual-chain platform IntelMarkets (INTL). The idea behind IntelMarkets (INTL) is to democratize AI-powered trading and give everyone the opportunity to make informed decisions and increase profits.
IntelMarkets’ (INTL) self-learning AI bot is one such technology. The bot was created by a team of highly skilled experts who have worked at leading companies such as Goldman Sachs, MIT, and OpenAI.
This bot helps IntelMarkets (INTL) users keep an eye on market movements, monitor portfolios, reduce risk, and set financial goals.
A recent announcement was made by IntelMarkets (INTL) regarding the early stages of development of the Route X21 protocol. Quantum-resistant protocols are expected to enhance the security of DeFi assets on the blockchain layer and protect users from threats arising from the expected exponential increase in quantum computing power.
This groundbreaking news created a huge buzz in the cryptocurrency market and overshadowed the development of Ripple (XRP) Grayscale Fund.
The IntelMarkets (INTL) presale is still going on, with INTL coins selling for just $0.009. Analysts predict that individuals who sign up by the end of this year could earn a return on investment of 1,100%.
Learn more about Intel Market:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
