XRP's Meteoric Rise: From SEC Struggles to Top Crypto Contender
Dan Tapiero, cofounder of Gold Bullion International, highlighted XRP's 400% surge in market capitalization over the past month, attributing it to Ripple's recent legal victories against the SEC. A federal judge ruled that XRP sales to retail investors do not qualify as securities, significantly reducing Ripple's potential fines. This legal success, along with anticipated regulatory changes, has boosted XRP's value, reaching $2.40 and reclaiming a top position on CoinMarketCap. Raoul Pal also commented on the surge, acknowledging his previous misjudgment of XRP.