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Here’s all you need to know about Ripple’s future after the end of SEC lawsuit
In a shocking turn of events, the Securities and Exchange Commission (SEC) has dropped its case against Ripple Labs, effectively ending the five-year-long legal battle. The decision marks a significant turning point for Ripple [XRP], one that can have far-reaching implications for the digital assets market as a whole.
Following the dismissal, XRP surged by 12%, with trading volume and buying pressure reaching unprecedented levels. In addition to this price jump, long-term moving averages are signaling a strong “buy” indication, suggesting potential accumulation on the horizon. Against this backdrop, Ripple Labs is poised to forge partnerships that will drive sustained growth and utility.
Ripple’s newfound legal clarity has opened up new avenues for collaboration with other institutions, strengthening its position within federal reserves and enabling secure cross-border payments as fears of inflation and economic instability continue to rise.
Source: https://ambcrypto.com/heres-all-you-need-to-know-about-ripples-future-after-the-end-of-sec-lawsuit/
