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XRP Surges to Multi-Year Peak Following Major SEC News
Ripple’s XRP token has surged to a multi-year peak following the news about the potential postponement of the filing deadline for the opening brief in the SEC case. The digital asset, which is used by Ripple for its cross-border payments, jumped 24% after it was reported that the SEC might delay the filing of the opening brief.
The SEC’s decision to potentially postpone the filing comes as a significant boost to XRP investors and holders, who have been eagerly awaiting this development. In his tweet, Stuart Alderoty, Ripple’s top lawyer, urged the incoming SEC boss to put an end to all non-fraud cryptocurrency cases, which has further fueled speculation about the case’s outcome.
The news has sent shockwaves across the crypto market, with many XRP investors and enthusiasts celebrating the unexpected turn of events.
Source: u.today
