{"id":133575,"date":"2024-07-20T21:00:09","date_gmt":"2024-07-20T18:00:09","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133575"},"modified":"2024-07-20T20:38:45","modified_gmt":"2024-07-20T17:38:45","slug":"sec-vs-ripple-lawsuit-nearing-its-end-xrp-price-is-booming","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/sec-vs-ripple-lawsuit-nearing-its-end-xrp-price-is-booming\/","title":{"rendered":"SEC vs. Ripple Lawsuit Nearing its End &#8211; XRP Price is Booming"},"content":{"rendered":"<p>Ripple CEO Brad Garlinghouse hinted in a <strong><a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2024-07-17\/ripple-labs-ceo-says-sec-s-gensler-is-at-war-with-crypto-video\" target=\"_blank\">Bloomberg<\/a><\/strong> interview that a resolution could be imminent, although he didn&#8217;t confirm ongoing settlement talks.<\/p>\n[reeadmore id=&#8221;133572&#8243;]\n<p>Chief legal officer Stuart Alderoty <strong><a href=\"https:\/\/x.com\/s_alderoty\/status\/1811868845990126026\" target=\"_blank\">highlighted<\/a><\/strong> the one-year mark of Judge Analisa Torres&#8217;s ruling, which declared <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">XRP<\/a><\/strong> not a security\u2014a decision the SEC has not contested.<\/p>\n<p>Santiment, a blockchain analytics platform, reported a significant rise in activity on Ripple&#8217;s XRP Ledger, with user and new address numbers reaching their highest since March.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">XRP Ledger is seeing a substantial amount of both new addresses created and total addresses interacting on the network. Both are at their highest levels since March. <a href=\"https:\/\/t.co\/AIeWzwannc\" target=\"_blank\">pic.twitter.com\/AIeWzwannc<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/1814045463261417484?ref_src=twsrc%5Etfw\" target=\"_blank\">July 18, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Speculation arose about a potential settlement announcement from an SEC meeting scheduled for last week, but the meeting has been postponed to July 25. The agenda includes &#8220;Institution and settlement of administrative proceedings&#8221; and &#8220;resolution of litigation claims.&#8221;<\/p>\n<p>XRP&#8217;s value, which dropped to $0.42 on July 7, has surged by 40% in recent weeks, now trading around $0.59.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recent developments suggest Ripple&#8217;s long-standing legal battle with the SEC may soon be resolved, boosting the value of its XRP token and increasing network activity.<\/p>\n","protected":false},"author":3,"featured_media":132600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-133575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEC vs. Ripple Lawsuit Nearing its End - XRP Price is Booming<\/title>\n<meta name=\"description\" content=\"Recent developments suggest Ripple&#039;s long-standing legal battle with the SEC may soon be resolved, boosting the value of its XRP ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/sec-vs-ripple-lawsuit-nearing-its-end-xrp-price-is-booming\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEC vs. Ripple Lawsuit Nearing its End - XRP Price is Booming\" \/>\n<meta property=\"og:description\" content=\"Recent developments suggest Ripple&#039;s long-standing legal battle with the SEC may soon be resolved, boosting the value of its XRP ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptodnes.bg\/en\/sec-vs-ripple-lawsuit-nearing-its-end-xrp-price-is-booming\/\" \/>\n<meta property=\"og:site_name\" content=\"Cryptodnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-20T18:00:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/pexels-xrp-ripple-hand-3085141_1280.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexander Stefanov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Stefanov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/sec-vs-ripple-lawsuit-nearing-its-end-xrp-price-is-booming\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/sec-vs-ripple-lawsuit-nearing-its-end-xrp-price-is-booming\/\"},\"author\":{\"name\":\"Alexander Stefanov\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5\"},\"headline\":\"SEC vs. Ripple Lawsuit Nearing its End &#8211; 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