Ripple’s legal battle with the SEC has been a major factor holding back the cryptocurrency, but the recent news has led to a renewed interest in XRP. XRP’s price has boostd by 7.67% in the last week, reaching a peak of $0.566.
The market is now awaiting clarity from the SEC regarding the appeal, as the Ripple-SEC case is viewed as a benchmark that may provide precedence for future crypto-related rulings.
Cryptocurrency XRP has experienced a surge in demand, with bullish momentum constructing up after the SEC missed an appeal deadline on 16th October.
