TL;DR
- Ripple scored partial wins against the US SEC in July, and in October, both an SEC appeal and charges against Ripple’s top executives were dismissed.
- XRP is priced at $0.54, showing signs of a possible uptrend.
- Ripple’s progress in the lawsuit and a broader bullish crypto trend, highlighted by Bitcoin’s surge, may drive XRP’s price up.
XRP’s Current Condition
Ripple’s native token has been one of crypto’s rock stars since the blockchain enterprise secured its first landmark win against the US Securities and Exchange Commission (SEC) in mid-July. Back then, a Federal Judge determined that the company’s programmatic XRP sales did not constitute an offer of investment contracts.
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