🔴 $XRP Volume Skyrockets 56%, Soon Hit $1🔴
XRP has shown significant growth in the past 24 hours, as the crypto community recalls the anniversary of Judge Analisa Torres' landmark ruling. XRP's price surged by 10.99%, reaching $0.5145,
🔴 XRP Metrics Light Up
XRP often experiences solo rallies amid market downturns, frequently related to its classification as a security. On July 13, 2023, Judge Torres ruled that XRP is not an investment contract when traded on secondary platforms, clarifying its non-security status, second only to Bitcoin $BTC . Following the ruling, XRP's price soared to its 52-week high of $0.8468, marking a 70% increase.
Currently, XRP has remained below its 52-week high, but the recent recall of this victory by CEO Brad has revived positive sentiment. XRP has increased by more than 20% in the past week, driven by whale actions. This growth has boosted ecosystem sentiment, with volume jumping 46.28% to $1,986,482,258.
🔴 XRP to $1?
There is growing anticipation that XRP will surpass its $0.8 high and aim for the $1 mark, partly due to the potential resolution of its lawsuit. The lawsuit is in the late remedies phase, with the SEC seeking a $2 billion fine, while Ripple is only willing to settle for $10 million. The judgment on this settlement could be the catalyst for XRP to retest the $1 level.
$XRP
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