After Ripple (XRP), 3 more altcoins that faced the danger of delisting in June are getting good news. Coins, which moved away from exchanges due to the SEC lawsuit, skyrocketed after the positive Ripple lawsuit result…
Ripple (XRP) can then take place on the exchanges again in these 3 altcoins
US District Judge Analisa Torres ruled in favor of Ripple in the SEC lawsuit yesterday. Following this news, US-based exchanges started to list XRP again. The legal battle that began in September 2020 had forced many exchanges to delist XRP. After the positive case result, the altcoin is now back on the charts.
Beyond XRP, SOL, ADA, and MATIC were also delisted from many platforms. This was due to the SEC’s accusation of securities against these cryptos. Experts think that re-listing may begin for these three altcoins after the decision. This expectation is also reflected in the graphics. During today’s XRP rally, SOL, ADA and MATIC are the other top winners.
While the XRP price rose sharply after the news of the lawsuit, the major altcoins SOL, ADA and MATIC also took their place among the most rising altcoins. Currently, XRP has started to gain ground on almost all major exchanges. Stream starts the “relist” process with similar decisions in these three altcoins.
Robinhood had delisted SOL, ADA, and MATIC
cryptocoin.com As we reported, Robinhood decided to end its support for Cardano, Polygon and Solana cryptocurrencies on June 27. The exchange is known as a platform that regularly reviews cryptocurrencies. As a result of its most recent review, ADA has decided to end support for MATIC and SOL on June 27, 2023. Robinhood stated that other cryptocurrencies will not be affected by this situation, while “your cryptocurrency is still safe in Robinhood”.
Dawn of a new day for the crypto market?
The landmark decision represents a huge step forward not just for XRP or Ripple, but for the entire crypto market in general. This is because it prioritizes future decisions regarding cryptocurrency and Blockchain projects. In other words, it will pave the way for regulatory clarity, thereby potentially increasing confidence in the crypto investment landscape.
It explains why the announcement triggered bullish activity not only in XRP but also in many of the top cryptocurrencies. Ripple’s big win will also bring more opportunities. The lawsuit blocked many potential partnerships for the company due to regulatory uncertainty.
XRP’s impressive price action certainly puts the magnitude of the judgment decision into perspective. The announcement triggered a wave of demand that followed a massive increase in social dominance. This was followed by a rapid increase in on-chain volumes.
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For the rest of the article, These 3 Altcoins Can Be Listed After Ripple! They flew!