Ripple (XRP) CEO Announces Expansion as Gorilix Presale Shoots Up 120%

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

In the cryptocurrency world, there are always exciting things happening. And this week was no exception, with Gorilix (SILVA) and Ripple (XRP) making some significant announcements.

With the turbulence in the cryptocurrency markets lately, it’s always nice to see some good news. And that’s precisely what we got with the announcements from both Gorillix and Ripple.

Gorilix, a project that is seeking to create a decentralized marketplace for digital goods and services, announced its pre-sale this week. The response so far has been positive, with over a whopping 120% of growth for the project in just the first two weeks. This is exciting news, as Gorillix has been one of the most highly anticipated projects in the space. And with a team that includes veterans from both the traditional and crypto worlds, it’s no wonder they are seeing such success.

Ripple, on the other hand, announced its backup plan should the current litigation against it by the SEC go against them. The team has been working on this contingency plan for some time, so it is good to see that they are prepared for any eventuality.

Let’s Talk Ripple: The Latest News 

As one of the largest and most popular cryptocurrency projects, Ripple is always making headlines. However, if you follow the company closely, you’ll already know that they have been facing some legal issues. Ripple is embroiled in an ongoing legal dispute regarding its sale of XRP and altcoin’s status as a non-security, which began in December 2020.

If the SEC vs. Ripple lawsuit goes against Ripple, CEO Brad Garlinghouse has said he will expand the company out of the United States. This can be a significant blow to the United States cryptocurrency industry, as Ripple is one of the few companies that has been able to get mainstream financial institutions on board with using cryptocurrency. 

Holders of XRP will be watching this case very closely, as a lot is riding on the outcome. If Ripple does have to leave the United States, it could trigger a mass sell-off of XRP and significantly damage the company’s reputation. However, if Ripple wins the case, it will be a major victory for the company and cryptocurrency as a whole.

Despite this, Ripple continues to expand its operations. For example, the company recently teamed up with FINCI for XRP-based payments in May 2022. FINCI is a Lithuanian online international money transfer provider. Its On-Demand Liquidity (ODL) uses XRP for crypto-enabled cross-border payments to provide immediate retail remittances and B2B transactions.

So, what’s next for Ripple? Only time will tell, but we’ll keep you updated on all the latest news and developments.

Gorilix Growth: What You Need to Know

Gorilix is a project that is seeking to create a decentralized marketplace for digital goods and services. Gorilix (SILVA) enables community governance of the Gorilix DEFI protocol. SILVA token holders and their delegates are encouraged to debate, propose, and vote on changes to the protocol. Gorilix gives you the opportunity to stake your tokens in the ecosystem and earn higher returns on your investment. This platform offers various services to users with lots of benefits, so we encourage you to head over to the gorilix.io website and purchase SILVA in the pre-sale. Gorilix has a strong team behind it and a lot of excitement surrounding the project; it is one to watch out for.

Since its pre-sale began, Gorilix has increased more than 120%; the growth is not surprising given the token’s excitement. Additionally, to earning from staking, Gorilix allows you to earn interest by lending your ERC20 tokens to the platform to earn interest.

SILVA tokens are now available exclusively through the Gorilix (SILVA) pre-sale at gorillix.io. With support for the ever-increasing platform and SILVA’s growing popularity in the crypto communities, you can only hope that the growth is just the beginning.

Conclusion

Ripple and Gorilix are both making headlines in the cryptocurrency world. Ripple is facing some legal issues but is expanding its operations, while Gorillix is a project to watch out for with its strong team and exciting growth plans. Purchase SILVA through the Gorilix pre-sale at gorillix.io today.

To buy your SILVA tokens or learn more about Gorilix DEFI, visit Gorilix.io.

To register for the presale: https://cabinet.gorilix.io/sign-up

To join the Telegram, Twitter & Instagram: https://linktr.ee/Gorilix

 

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