Many in the industry anticipated Ripple would win over SEC. Finally, it’s all over. The XRP community joined Brad Garlinghouse, CEO of Ripple Labs, on the X platform, to celebrate the win. He conveyed how important it was to win and the hardships the company faced in this legal tenure.
The prolonged legal dispute has taken all the charm of the native token XRP but since it’s over now it’s time to celebrate says CEO. This is not just Ripple or XRP win, today the entire crypto won half the battle.
As the spotlight shifts, other digital assets like Cardano, Solana, Polygon, and ETH brace for their own similar legal encounters.
It’s Time To Establish Clear Rules!
The party is more than just a symbolic party; it’s also a chance to think about what Ripple Labs’ legal win means for the future. When the court agreed with Ripple’s claim that XRP is not a security, it set a precedent that could change how cryptocurrencies are regulated. This event is happening at a key time when the industry has started evolving. That shows how important clear rules are for the growth of the crypto industry. John Deaton weighed in.
The participants will gather in NYC on September 29th, the event will showcase the real power of individuals and innovative companies behind in shaping the blockchain’s future. This comes at a time when cryptocurrencies and blockchain technology are gaining more attention from traditional financial institutions and investors.
XRP Sees Surge
The recent victory of Ripple with SEC made the coins dance to the tunes. The positive impact is seen in the overall market as most of the coins ended the day on a positive note. XRP price has seen many ups and downs, right now trading at $0.520633177 with a 1.2% increase over the last 24 hours. While XRP’s value has risen 1.5% over the past week, it has decreased by 26.5% in the last month.
Read More: Top Reasons Why XRP is About to Become Way Bigger Than Everyone Thinks