Despite an earlier trend of traders selling most altcoins last week, potentially in anticipation of the bankrupt exchange FTX obtaining approval from the bankruptcy court to liquidate its extensive multi-billion-dollar cryptocurrency assets, XRP continued to chart a course higher towards the week’s end.

At press time on Friday, the cryptocurrency, which finds itself at the centre of an ongoing legal dispute between the US Securities and Exchange Commission (SEC) and Ripple, was trading at $0.5095...