đąăBlockchain NewsăThe U.S. SEC plans to amend its lawsuit against Binance, involving the "third-party crypto asset securities" section, which may save the judge from having to decide whether ten tokens such as SOL and MATIC are unregistered securities. Traders believe that this may be a sign that the legal dispute between the SEC and Ripple Labs is about to end.
In addition, Ripple will unlock 1 billion XRP in August, worth $641 million at current prices. While more token supply usually depresses prices, research shows that increased liquidity may accelerate bullish trends.
CoinGecko data shows that XRP demand mainly comes from South Korea, with XRP-won transactions reaching $386.5 million, while Binance's XRP-USDT transactions are $352.5 million. OKX market shows that XRP is temporarily reported at 0.6476 USDT, with a 24H increase of 8.38%.
What do you think of the SEC's actions and the future trend of XRP? Welcome to discuss in the comment section! đ
