News on Ripple (XRP) token shows the coin decreasing in value by around 6% in the midst of some potential regulatory changes. XRP was, for a long time, the third-running cryptocurrency behind Bitcoin and Ethereum, but has faced challenges in its sale of token securities.
The Ripple vs. SEC case has been going on for years. The agency protests the sale of XRP token, and is trying to get a court to rule against Ripple in the matter of securities trading. Now, there’s an upcoming hearing that might have a further effect on XRP price. The judge in the case has been siding to some extent with Ripple, which suggests that future action may help support the token price.
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