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Coin Edition 2024-11-30 09:30:00

XRP Hits $100B Market Cap—Ripple’s Win Against the SEC’s Odds

XRP surpasses $100B market cap, flipping Binance’s BNB to claim the fifth spot in crypto rankings. Ripple’s $150M legal fight and XRP community support fuel resilience against SEC scrutiny. Ripple’s RLUSD stablecoin nears NY approval, potentially boosting XRP adoption and utility. XRP’s market capitalization surged past $100 billion, overtaking Binance’s BNB to claim the fifth spot in the crypto rankings. This milestone marks a powerful comeback for Ripple and the XRP community, three years into the SEC’s lawsuit that shook the digital asset’s foundation. The lawsuit, filed in December 2020, accused XRP of being a security—a claim Ripple fiercely contested. John E. Deaton, a key advocate for XRP holders, noted the significance of this milestone , tying it to Ripple’s resilience in the face of regulatory overreach. As the court moves to expedite a final judgment in the case, XRP’s ascent signals renewed confidence in the asset and its ecosystem. A 100.8B market cap and climbing. We are a long way from December 22, 2020 when the @SECGov filed a case claiming ALL XRP were securities, violating 76 years of legal precedent. When I filed the … The post XRP Hits $100B Market Cap—Ripple’s Win Against the SEC’s Odds appeared first on Coin Edition .

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