Following its recent legal victories against the US Securities and Exchanges Commission, XRP seemed finally out of the dust after several months of pounding (SEGUNDO).
In the past seven days, XRP prices have risen by more than 70% and a 24h gain of more than 30%. On April 13th, following an increase in trade rate, the cryptocurrency broke out to a new high of several years. The bulls still seem to be in market control.
Remember Ripples’s motion to force the SEC to produce documents stating that Bitcoin and Ethereo are not securities, a big first victory for cryptocurrencies, recently was granted to Federal Judge Analisa Torres.
The execs of Ripple are enhanced by The Ripple execution was encouraged by its acceptance and requested a request to reject CEO Brad Garlinghouse and former CEO Christian Larsen in the Commission’s proceedings.
XRP took the momentum to test back its 3-year peak, as an offshoot of victory. XRP has reached $1.89 for 24 hours, according to TradingView results. XRP has also succeeded in changing Tether, Cardano and Polkadot to become the fourth largest market cap cryptocurrency.
There have been reports that the token could be reinstated in various exchanges along with the recent legal victories.
Multiple exchanges are either deleted XRP or suspended following the legal b, as stated by BTC PEERS.