According to Odaily Planet Daily, FOX Business reporter Eleanor Terrett stated that XRP's market value has just surpassed USDT, making it the third largest cryptocurrency by market capitalization, returning to levels prior to the SEC/Ripple lawsuit.
Before Hinman's speech in June 2018, the SEC viewed BTC and ETH as non-securities, reasoning that they were 'sufficiently decentralized.' At that time, XRP was the second largest cryptocurrency by market capitalization. After the speech, ETH's market value surpassed XRP in November 2018.
The 'Hinman emails' revealed in the Ripple case show that there were differing opinions within the SEC regarding the content of the speech, with concerns about its impact on the regulatory status of other cryptocurrencies. Six years later, the regulatory status remains unclear.
