CandleFocus XRP News: Ripple Lawsuit and Market Momentum Push XRP Price Back in Top 3 Crypto
2024-12-02
Author: Content Editor
XRP has regained its position as the third-largest cryptocurrency by market cap, surpassing Tether and Solana. This milestone comes after XRP's legal battle with the SEC, which caused it to lose its position to Ethereum in 2018. The regulatory status of XRP remains unclear, sparking ongoing debates on cryptocurrency classification. Attorney John Deaton has been a key figure in defending XRP against the SEC's claims. Despite the SEC's lawsuit, XRP has remained resilient and recently experienced a 3x rally, hitting a seven-year high. Market watchers are eager to see how XRP performs in January, with hopes for a big jump after Gary Gensler steps down.
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