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The four-year-long battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has finally come to a dramatic end, and the crypto world is in shock.
The four-year-long battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has finally come to an end, and the crypto world is in shock.
The SEC has officially withdrawn its appeal against a lower court ruling that determined that Ripple’s sale of XRP tokens did not violate federal securities law.
This landmark decision could be the single most bullish catalyst XRP has ever seen—and the long-awaited $10 price point suddenly feels within reach.
Ripple Vs. SEC: A Victory on Every Critical Legal Point
The lawsuit, which began in December 2020, has loomed like a dark cloud over Ripple and XRP. The SEC accused Ripple of selling unregistered securities, putting the fate of XRP in jeopardy.
But throughout the case, Ripple’s legal team has held firm, arguing that XRP was never a security—and now, they have won on every critical legal point.
“We won then on every critical legal point, proving that the digital asset XRP is not a security. That is now the law,” said Brad Garlinghouse, Ripple’s CEO.
With this legal battle behind it, Ripple now has the freedom to expand its ecosystem without regulatory uncertainty, and XRP holders are bracing for what could be a historic rally.
XRP Price Surges—Is $10 Now Inevitable?
Within hours of the court’s decision, XRP’s price surged by 10%, hitting $2.50 and outperforming Bitcoin and Ethereum in daily gains. Trading volume also exploded by 90% as investors rushed to capitalize on the momentum.
Despite being down 6% over the past month, XRP is now recovering at a much faster pace than Bitcoin (-10%) and Ethereum (-26%). Market sentiment has flipped bullish, and with regulatory clarity finally achieved, confidence in XRP’s future has never been stronger.
What's Next for XRP
With the SEC officially out of the way, XRP's path is clear for widespread adoption. Major financial institutions hesitant to integrate XRP due to legal uncertainties may now move forward.
Moreover, the victory sets a powerful precedent that could influence how regulators approach other cryptocurrencies.
The question now is: Can XRP reach $10? The answer might be closer than ever. With renewed investor confidence, institutional interest, and no regulatory roadblocks, XRP could be gearing up for one of its biggest rallies yet.
The crypto world is watching. Buckle up—XRP's next move could be legendary.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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