A game-changer from Binance and LUNA's comeback — top crypto news analyzed.

Hi, friend!

 Vanessa from buidlbee here. It's a new week and a fresh page in your crypto journey. With all the insights I have for you today, you'll be well on your way to that hefty bag of coins in no time! 🤑

Here's what the market is saying...

• XRP is on the verge of mooning 🚀

• Another reason why Binance is the G.O.A.T 🔥

• Luna is making a slow, but steady comeback 💪

• Extra credit to help you ACE your crypto goals 📈

Regardless of all the drama that's been going on with Ripple over the past year, XRP is still standing its ground as the sixth-largest coin by market cap on CoinMarketCap, coming in at over $20.3M at the time of writing. It has grown by at least a billion dollars since January 20 and currently trades at ~$0.4.

Although the asset has taken a considerable dip from its ATH of $3.84 back in 2018, it has every potential to do great things this year. These are some reasons why:

• XRP Ledger (XRPL) Labs is launching a federated side chain, which will allow developers to launch new features and apps using XRP as a native asset without sacrificing the performance of the network.

• Ripple is packing, and its Q4 financial report for 2022 proves that. XRP total sales were $226.31M, and with the first phase of the Ethereum Virtual Machin (EVM) sidechain being released for XRPL on Devnet, DeFi apps like Uniswap can easily run on the ledger.

• The recent hearing of LBRY Credits vs. SEC, ruled in favor of the LBC token, declaring it a non-security asset, as the tokens were sold in the secondary market. This skyrocketed the altcoin's value. Seeing as Ripple (XRP) was sued under the same terms, charges could be also dropped in the future hearing, which could restore faith in the asset.

• Ripple is helping Montenegro create a stablecoin. This could open them up to new investors, and further strengthen XRP's value

So, friend, with all the updates coming for Ripple and progress so far, XRP could have a major boom this year if all goes well. 🤞 Don't forget to do your own research and not risk more than you're ready to lose. 

In my last letter to you, I spoke about BNB's recent market domination, and of course, Binance has a lot to do with that. The exchange is taking over the crypto market, one project at a time, and the recently introduced Greenfield project will be yet another.

Greenfield will be a platform for Web3 applications. Nothing like we've ever seen before, it will serve as some sort of cloud storage like DropBox but will allow users to run decentralized apps (dApps), using NFTs and smart contracts to manage ownership and access of data.

That's just the tip of the iceberg, however, as it roughly summarizes the exhaustive uses of the future Web3 powerhouse. So far, we know that it could:

• Possibly allow the storage of Big Data for third-party apps ✅

• Be used as a personal cloud storage system ✅

• Be used for the hosting and deploying of websites ✅

• Be used as a new social media model ✅

• Be used for storing terabytes of data from the BNB Smart Chain ✅

There's still much more that's yet to be fully understood concerning the new project, but one thing is certain — there is nothing like it out there. The project will further strengthen Binance's dominance of the market and will create new opportunities for members of the Web3 community. For more details on the technical framework and functionalities of the project, check out our recent article. 

The collapse of Terraform Labs took a massive toll on the LUNA ecosystem, but as with most crypto assets this year, LUNC is also showing steady growth and could be the biggest comeback in crypto history, as some investors have declared.

LUNC has grown by 16.71% since the start of the year, from $0.0001729 to $0.0002018, taking LUNA and stablecoin USTC with it. The most recent and notable factor for the growth was Binance removing its warning label from USTC, which gained notice on February 2. This caused many members to vote for a proposal to re-tie the stablecoin to the native asset (LUNC).

After which, USTC gained 53.78% in 24 hours, from $0.02579 to $0.03966; LUNC gained 16.4%, from $0.0001738 to $0.0002023; and LUNA gained 4.9%, from $2.1735 to $2.28. 

The community remains bullish on the proposal to re-peg USTC to LUNC, and if that happens, it will only further strengthen the coin. However, the Binance blog, says the chances of that happening are slim, as the current algorithms allegedly will not work on the collapsed algorithmically unstable stablecoin (USTC).

What do you think, friend? Are there chances of us seeing a bullish year ahead for the Luna ecosystem? Drop a comment in our article to let me know your thoughts. 

Now that I've given you all analyses to make you market-ready for the week ahead, here are some quick, extra credit bites to keep you winning! 💪

• The value of SOL is jumping, but how high can it go?

• What do the Feds have up their sleeves next?

• Are you ready to SWEAT and make some money? Read this!

• Will BTC and ETH crash in February? Read what the experts are saying.

• SHIB is cooler than DOGE, and this is why — a tale by a ShibArmy STAN.

There you have it, my crypto pal! If any of these takes made you better informed for your investments this week, don't be greedy, share it with friends! Have a great week ahead, and I'll see you tomorrow with more tips to help you make it with crypto! 🚀