{"id":20045,"date":"2025-03-19T14:41:16","date_gmt":"2025-03-19T14:41:16","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2025\/03\/19\/xrp-jumped-sharply-after-the-tweet-from-ripple-ceo\/"},"modified":"2025-03-19T14:41:16","modified_gmt":"2025-03-19T14:41:16","slug":"xrp-jumped-sharply-after-the-tweet-from-ripple-ceo","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2025\/03\/19\/xrp-jumped-sharply-after-the-tweet-from-ripple-ceo\/","title":{"rendered":"XRP Jumped Sharply after the Tweet from Ripple CEO"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Ripple CEO Brad Garlinghouse has recently announced on X that the SEC will be dropping its lawsuit against the company, which has been ongoing for nearly four arduous years.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"SEC_dropped_lawsuit_on_Ripple\"\/><strong>SEC dropped lawsuit on Ripple<\/strong><span class=\"ez-toc-section-end\"\/><\/h2>\n<p>The SEC first accused Ripple of marketing XRP as an unregistered security in December 2020, which is when the litigation began.<\/p>\n<p>Since then, XRP has undergone a prolonged period of legal battles in its pursuit of regulatory recognition. Currently, major corporations and institutions are increasingly adopting a favorable view towards this payment crypto platform, as exemplified by Hashdex\u2019s recent filing for an XRP ETF.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">This is it \u2013 the moment we\u2019ve been waiting for. The SEC will drop its appeal \u2013 a resounding victory for Ripple, for crypto, every way you look at it.<\/p>\n<p>The future is bright. Let\u2019s build. <a href=\"https:\/\/t.co\/7WsD0C92Cm\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">pic.twitter.com\/7WsD0C92Cm<\/a><\/p>\n<p>\u2014 Brad Garlinghouse (@bgarlinghouse) <a href=\"https:\/\/twitter.com\/bgarlinghouse\/status\/1902345706636992720?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">March 19, 2025<\/a><\/p>\n<\/blockquote>\n<p>Previously, the presiding judge in the lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has issued a ruling declaring that the sale of XRP cannot be considered an investment contract.<\/p>\n<p>Specifically, the judge determined that while the sale of $XRP to third-party institutions through direct agreements or over-the-counter (OTC) transactions is considered a security, sales through order books on centralized exchanges are not.<\/p>\n<p>This is considered a significant victory for the payment platform within the cryptocurrency market, and it also fosters greater optimism within the community regarding the prospects of a regulatory framework that supports the development of cryptocurrencies.<\/p>\n<div class=\"b-cta-wrapper\">\n<div class=\"b-cta b-cta--inline\">\n<div class=\"b-cta__image\"><a href=\"https:\/\/nftevening.com\/recommends\/coinbase\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" data-wpel-link=\"internal\"><noscript><\/noscript><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/01\/coinbase-300x200.jpg\" class=\"lazyload image-fit wp-post-image\" alt=\"coinbase\"\/><\/a><\/div>\n<\/div>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"XRPs_price_reacted_positively\"\/>XRP\u2019s price reacted positively<span class=\"ez-toc-section-end\"\/><\/h2>\n<p>Following the announcement, <a href=\"https:\/\/nftevening.com\/recommends\/binance-trade\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"inline-coin\" data-id=\"ripple\" data-wpel-link=\"internal\"><span class=\"inline-coin__symbol\">XRP<\/span><span class=\"inline-coin__price\"\/><\/a> experienced a rapid surge of up to 14%, briefly surpassing <a href=\"https:\/\/nftevening.com\/recommends\/binance-trade\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"inline-coin\" data-id=\"ethereum\" data-wpel-link=\"internal\"><span class=\"inline-coin__symbol\">ETH<\/span><span class=\"inline-coin__price\"\/><\/a>\u2018s Fully Diluted Valuation (FDV). Currently, the token\u2019s FDV stands at approximately $256 billion.<\/p>\n<blockquote>\n<p>Learn more: <a href=\"https:\/\/nftevening.com\/xrp-price-prediction\/\" data-wpel-link=\"internal\" target=\"_blank\" rel=\"noopener\">XRP Price Prediction<\/a><\/p>\n<\/blockquote>\n<div id=\"attachment_149080\" style=\"width: 854px\" class=\"wp-caption alignnone\"><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-149080\" class=\"size-full wp-image-149080\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/03\/photo_2025-03-19_21-17-24.jpg\" alt=\"XRP's price reacted positively\" width=\"844\" height=\"536\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-149080\" class=\"lazyload size-full wp-image-149080\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/03\/photo_2025-03-19_21-17-24.jpg\" alt=\"XRP's price reacted positively\" width=\"844\" height=\"536\"\/><\/p>\n<p id=\"caption-attachment-149080\" class=\"wp-caption-text\">XRP jumped sharply due to positive announcement \u2013 Source: CoinGecko<\/p>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/nftevening.com\/xrp-jump-sharply-after-tweet-from-ceo\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=xrp-jump-sharply-after-tweet-from-ceo\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple CEO Brad Garlinghouse has recently announced on X that the SEC will be dropping its lawsuit against the company, which has been ongoing for nearly four arduous years. SEC dropped lawsuit on Ripple The SEC first accused Ripple of marketing XRP as an unregistered security in December 2020, which is when the litigation began. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2025\/03\/Featured-Image-1280x720-PRPartnered-28-1.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/20045"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=20045"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/20045\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/20046"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=20045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=20045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=20045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}