Analytics

Why is XRP Price Rallying Today?

31.07.2024

The XRP price is trending all over the crypto space, as the asset popped off after Tuesday’s London session and is up 8% at the time of writing. The rise in the price of XRP may be attributed to the SEC retracting its request to the court to classify a handful of cryptocurrencies as securities in its case against Binance. Furthermore, comments from pro-XRP counsel Fred Rispoli have fueled speculation that the August 1 SEC closed-door meeting may result in a settlement of the Ripple lawsuit.

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31.07.2024
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