XRP supporters saw the Second Circuit Court of Appeals' notice of default as another blow to the SEC. In the appeals procedure, the regulator was suspected of missing the Form C deadline. According to former SEC director in San Francisco Marc Fagel, the notification was sent to Ripple, not the regulator. This is unrelated to the SEC. It targets defendant/appellee Larsen, whose attorney hasn't appeared "wrote. According to the notification, Ripple may be prevented from oral arguments unless the court grants permission if it fails to respond within 14 days.

Shibariumscan reported a 1,557% increase in activity yesterday for Shiba Inu's layer-2 solution. Active accounts climbed from 1,685 to 26,237 in a day, mostly owing to older accounts, with just 3,814 new addresses established. This seems to be a record for active Shibarium accounts. The rapid surge in active accounts increased daily transactions by roughly 1,380%, from 128,047 to 1.76 million, the largest since March. Despite this amazing increase in transactions and active accounts, the Shibarium blockchain's overall value decreased.