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Ripple has recently dropped significant updates concerning its ongoing legal battle with the SEC. As of mid-October 2024, XRP's price experienced a notable increase following the news that Ripple filed a cross-appeal against the SEC's August ruling. Ripple's Chief Legal Officer, Stuart Alderoty, emphasized that the SEC lost on crucial points in the case, which motivated the company to pursue the cross-appeal for clarity on various legal interpretations​.

XRP saw a 1.22% rise after this news, closing at around $0.53, while speculation grows that the lack of further SEC appeals could lead to even higher valuations for XRP​FXEmpire​Crypto News Land. Industry experts are optimistic, suggesting that October could be pivotal for XRP, potentially marking the start of mass adoption in the U.S. and even hitting new all-time highs​.

Investors are encouraged to stay updated on court proceedings and SEC actions, as these developments will likely influence XRP's market performance​. For the latest updates, you can check more detailed articles on platforms like FXEmpire and CryptoNewsLand.

Could this be a game-changing moment for XRP?

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