Ripple's victory in the lawsuit sparks a crypto market rally (Ⅱ)🎇
While some observers might debate whether Ripple had 'won or lost' in this decision, the market has voted convincingly with a win as all major token prices soared post the ruling, with XRP rallying +60%, "SEC security" coins such as Cardano, Solana, and Polygon rallying between 20-35%, and ETH rallying +8% and outperforming BTC on the back of the regulatory tailwinds. Coinbase also soared by 24% on the day and has doubled in price vs their June lows, as this positive ruling is expected to ease some of the recent and aggressive regulatory tensions.
