XRP Just Takes Off After Winning The Case: So Which Altcoins Are Next?

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XRP The long-awaited verdict of his case has finally arrived. Ripple Labs has won XRP’s lawsuit against the SEC. This is undoubtedly a huge win not only for XRP holders but also for the crypto market and community in general.

Currently, the entire online crypto community is celebrating this big win for the crypto market and industry. A conversation especially flared up on Reddit. The CryptoCurrency title is already thinking ahead. If XRP was labeled as a security and proved not to be, could other assets facing the same accusations do the same?

SEC, multiple cryptocurrency is on its way to a war to label its unit as a security. Now, with XRP winning the war, other cryptos facing the same battle can safely fight it. To name a few wither (SOL), Cardano (ADA) and Polygon (MATIC) face the same charges.

These assets are also likely to reverse the SEC’s scrutiny and price increase after winning their war. The XRP win is already changing the crypto space. Many crypto exchanges that have delisted XRP have already reinstated the asset. listed.

According to CoinGecko analytics, just after the XRP lawsuit-winning announcement, the XRP price reached the daily level of 0.86. Following this significant XRP price surge, similar altcoins did the same. In particular, Solana (SOL), Cardano (ADA) and Polygon (MATIC) showed little increase.

Perhaps once these assets are declared not a security too, they will rise as XRP did. Most crypto market traders say this XRP surge is just the beginning. In fact, one of the replies in the thread says that traders who consistently DCAd during the bear market will see big gains.

This returning interest in XRP is further fueled by institutional adoption. The members of the thread sit back and wait for the price of these assets, especially XRP, to continue to rise.

Source : Crypto News Land


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