Ripple’s partial victory against the US Securities and Exchange Commission (SEC) in court has led to a significant increase, up to 90%, in the price of XRP. The court’s ruling that XRP cannot be classified as a security has relieved many altcoins, such as Cardano (ADA), from the burden of being classified as securities. As a result, the price of ADA has also surged. The Court’s Decision in Favor of XRP Benefits ADA The court’s decision in favor of Ripple against the SEC has been declared a partial victory, causing the cryptocurrency market to move upwards. The market’s value has surpassed $1.25 trillion with a 5% increase in the past 24 hours. Altcoins, including those classified as securities by the SEC, have also experienced significant movements. One of these altcoins is ADA, the native asset of Cardano. The rise in the price of ADA, the native asset of the Cardano […]
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