Coinbase said it will suspend trading of XRP, the cryptocurrency the U.S. Securities and Exchange Commission sued Ripple Labs in regards to last week claiming it is really a security. Coinbase first listed XRP on its retail-facing platforms in February 2019. Starting now, XRP trading "will move into limit only," Coinbase wrote.

According to Santiment's data, Ripple's XRP outperformed Ethereum in social volumes for the first time in seven months. Development activity for the XRP Ledger has increased approximately 5 times compared to 18 months ago. Cryptanalysis service provider Santiment stated yesterday that XRP outperformed Ethereum in a key metric for the first time in seven months.