In a recent post by blockchain analytics firm Santiment, the crypto world was taken by storm as XRP saw a staggering 87% increase in just three hours. This significant price surge was accompanied by a notable increase in trading volume and on-chain metrics for XRP, which is currently ranked fifth in terms of market value. Santiment Data! According to Santiment, the trigger for this price movement was a court ruling in the ongoing case between Ripple and the SEC. The court ruled that XRP should not be considered a security in the United States, as it is being sold on crypto exchanges. This decision has sparked excitement within the XRP community, as it removes a significant regulatory hurdle and could potentially encourage more investment due to the financial advantages and increased freedom associated with non-security assets. Ripple Reports! However, Santiment’s analysis suggests that the market’s reaction to this decision may […]
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