by Rubab Fatima
The XRP digital token from Ripple hit $2.54 up 13% during 24 hours because the SEC formally abandoned its fight against the company. After facing this legal matter since 2020 Ripple users finally celebrate an important ending for XRP.
The SEC had previously asked a judge to revise part of her ruling but stopped their appeal after Judge Analisa Torres decided in favor of Ripple in July 2023.
The agency defended its position in October 2023 by saying XRP exchanges offered unregistered securities whereas Ripple maintained these assertions were false. The SEC’s choice to drop its appeal brings Ripple official legal certainty which will support its business growth strategy.
XRP’s Potential to Surpass $4 Grows
Ripple CEO Brad Garlinghouse announced the win against SEC regulations on X (Twitter) and underscored how it will allow Ripple to thrive without limitations. He stated that upcoming XRP exchange-traded funds (ETFs) could receive approval this year and bring a better regulatory environment.
This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it.
The future is bright. Let's build. pic.twitter.com/7WsD0C92Cm
— Brad Garlinghouse (@bgarlinghouse) March 19, 2025
After the SEC made its announcement XRP prices strengthened and came back from its slow February performance. Although XRP gained 14% this week its price remains 6% lower during the month suggesting there is still good potential for growth. After their positive reaction to the legal settlement investors believe XRP could reattain $3 value soon.
Many crypto market participants show greater interest in XRP because open interest rose from $2.90 billion to $3.82 billion within the span of one day. Market improvements will help XRP reach new gains beyond $4 as its price still sits 26% below its $3.40 high.
As XRP catches international attention its advanced investors check other cryptocurrency tokens that can bring greater profits. The market sees significant gains for emerging cryptocurrencies such as Pi Network, Story, and Official Trump. Solaray (SOLX) attracts significant attention as the ongoing presale raises over $27 million.
How Solaxy (SOLX) Enhances Transaction Speed
Solaxy stands as the first-ever layer-two scaling solution for Solana seeking to expedite transactions at lower fees through weakened network traffic. The SOLX platform attracts increasing followers on X and L2 solution interest which places it on a clear growth trajectory. Inside the Solaxy ecosystem SOLX functions as payment currency and the key element for participants to earn staking prizes.
https://twitter.com/SOLAXYTOKEN/status/1902068422378451105?ref_src=twsrc%5Etfw
Purchasing SOLX during the ongoing presale offers investors the most financial advantage because the token’s price increases before the sale ends within weeks.
XRP’s win against the SEC brings both relief and direction to the entire crypto space through its legal determination. After recovering its value and considering its bright future prospects XRP will surpass its past high levels.
Solaxy stands out as a new project that investors look to for initial growth prospects. The crypto market growth brings rewards for investors who monitor both well-known players and emerging prospects.
#blockchain #crypto, #decentralized, #distributed, #ledger
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