Ripple's native token, XRP saw a price increase of around 60% in the last 7 days. Currently, the coin trades at about $0.5 with a market cap of over $25.8 bln. XRP is the 6th largest cryptocurrency at the moment.
Replying to one of the members of the XRP community, Ripple CEO Brad Garlinghouse announced a 100,000,000 XRP GIVEAWAY to make the price reach $1.
The XRP community became more active as a result of the recent events in the ongoing SEC against Ripple case. A few days ago, the parties filed for summary judgements in the court.
The SEC filed a lawsuit against Ripple in December 2020, saying that the tech company broke the law by selling XRP coins. According to the agency, XRP is an unregistered security.
The Ripple team argues that the agency didn't provide enough evidence to prove their point.