Gemini, one of the leading US cryptocurrency exchanges, has hinted that next week will see notable XRP activity. The prominent exchange is likely referring to the Ripple Swell event, which is scheduled to take place on November 4-5 in New York.
This two-day event will focus on several key topics, including stablecoins, the tokenization of real-world assets, institutional adoption, and other hot-button issues in the crypto space. The roster of notable speakers includes Adena Friedman, Chief Executive Officer at Nasdaq; Maxwell Stein, Director of Global Assets at BlackRock; and Patrick Witt, a top US government official focused on digital assets.
With such big-name speakers attending, many are wondering whether this will result in an XRP price spike. However, this seems unlikely. Although Ripple Swell events used to trigger significant rallies in the past, recent years have not seen the same impact on XRP’s price.
### Making Amends
The Winklevoss twins were previously at odds with the XRP community, largely because Gemini had stubbornly refused to list the popular altcoin. However, they have since made amends with the XRP community following Ripple’s legal victory in its closely watched battle with the U.S. Securities and Exchange Commission.
This renewed relationship between Gemini and the XRP community could signal a more open stance from the exchange moving forward, potentially benefiting XRP holders in the long term.
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