Ripple’s DeFi Growth Takes Off: Doppler Finance Secures Funding, XRP Price Climbs

Ripple’s decentralized finance (DeFi) ecosystem is experiencing a surge in activity, fueled by Doppler Finance securing $3 million in seed funding for the development of XRPfi. This move follows recent regulatory clarity regarding Ripple’s legal battle with the SEC, which has removed a significant overhang and bolstered market confidence. The XRP price is currently trading around $3.2048, showing a modest 0.53% increase on the day. Market capitalization for XRP stands at $189.92 billion, supported by $6.43 billion in daily trading volume.