Ripple’s XRP Soars After Court Ruling

Following the New York Southern District Court’s ruling that Ripple’s XRP and its programmed token sales did not violate securities laws, a historic day was experienced for the XRP community and the cryptocurrency market as a whole. The altcoin, which attracted all attention with its rise, broke records in many of its metrics. Market Cap Exceeds $40 Billion The court’s decision in the SEC vs Ripple case resulted in a partial victory for XRP’s issuer, leading to a nearly 90% increase in the price of the leading altcoin. Parallel to the price increase, XRP’s market cap exceeded $40 billion, surpassing the second-largest stablecoin, USD Coin (USDC), and Binance‘s utility token, Binance Coin (BNB), to take the 4th position in the list of largest cryptocurrencies. The trading volume of XRP on cryptocurrency exchanges reached its highest level in the past 10 months due to the rise in all metrics on the […] The post Ripple’s XRP Soars After Court Ruling appeared first on COINTURK NEWS.