XRP, a popular cryptocurrency, has been experiencing a surge in popularity in recent weeks. The preliminary ruling in the lawsuit between Ripple and the SEC, two years after the case began, holds significant meaning for XRP. While the price of XRP saw a record-breaking increase of 100%, it also experienced a minor correction. However, the good news for XRP investors keeps coming. The Current State of XRP Ripple, the institution behind XRP, believes that the recent ruling will lead to a surge in XRP’s popularity. Ripple executives emphasized that institutions within the United States may flock to the company’s liquidity-focused product called ODL. This product, used for international trade and payments, has gained even more attention due to the recent ruling by the SEC. Stu Alderoty, Ripple’s Chief Legal Officer, highlighted this in an interview with CNBC and delivered great news for XRP investors. He stated: “I believe this ruling […]
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