The Ripple (XRP) community has recently started a campaign to push for the cryptocurrency to be re-listed, after it had been pulled by Coinbase from trading platforms. This decision was allegedly due to the conflict between Ripple Labs and the US Securities and Exchange Commission (SEC). Acknowledging the setbacks, XRP supporters are now lobbying for the crypto's reinstatement, with the hashtag #relistXRP becoming increasingly popular on social media. Moreover, Paul Grewal, Coinbase’s Chief Legal Officer, has offered his support to the cause by agreeing with lawyer John Deaton's conclusion that XRP should not be considered a security and that it does not satisfy the requirements set out by Congress and interpreted by the Supreme Court.

As the legal battle between Ripple and the SEC continues, John E Deaton, a well-known lawyer in the crypto scene, expects a decision to arrive in two months’ time. Whether the result will be satisfactory to Crypto supporters is still uncertain. For now, it appears that the ongoing case is why XRP has still not been given proper consideration by the authorities, in spite of its long record as a viable digital asset.

At the time of writing, XRP trades for $0.496568, which corresponds to a 3.6% drop over the past 24 hours, and its daily trading volume has dropped 14.4% to $1.1 billion. These numbers imply that XRP is still proving to be a popular asset amongst investors, despite its current difficulties, and could quite possibly be a major player in the Crypto and traditional financial markets should it manage to resolve its legal dispute.



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