XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. 

It's built for enterprise use on a global scale and helps power cost-efficient cross-border payments.

The court's decision weakens the SEC's stance that the securities law is clear and no separate clarity is required for digital assets, the report said.

XRP Ruling a ‘Landmark' Judgment, Weakens SEC's Stance Against Crypto: Bernstein

XRP's knocked out BNB as the 4th largest crypto by market cap, after its value surged more than 60% after a partial victory against the SEC.

XRP Pushes Past BNB to Become 4th Largest Cryptocurrency; Funding Rates Surge

Crypto shorts have faced massive liquidation in the past 12 hours following a court ruling favoring Ripple Labs. The ruling granted a summary judgment, stating that the XRP token, which is associated with the company, is not considered a security.

Over $33M Worth Of XRP Shorts Liquidated In 12 Hours As Crypto Whales Go On A Buying Spree

A number of cryptocurrency exchanges are reopening trading for XRP after a mixed ruling from a U.S. federal judge on the ongoing legal battle between the securities regulator and Ripple.

Rival exchanges join Coinbase in reopening XRP trading after court ruling

XRP token market capitalization has jumped to over $40 billion, its largest level since April 2022.

XRP Short Traders Log Highest Losses in 2023 After Landmark Court Ruling

Ethereum

Many Layer-1s are also soaring as SEC cases are called into question after favorable XRP ruling.

Ether Pushes Past $2,000 as XRP Ruling Excites Markets

Bitcoin

Dogecoin

Major cryptocurrencies surged on Thursday evening, propelled by a partial Ripple Inc victory that resulted in Bitcoin and other prominent digital assets soaring to new heights. Ripple is the company associated with the XRP token.

Bitcoin, Ethereum, Dogecoin Surge After Judge Rules XRP Not A Security: Analyst Says Ripple Win 10x More Bullish Than Any ETF Filings

Ripple Labs' chief legal officer has broken down Thursday's ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case. Emphasizing that the landmark ruling is “a huge win” for the crypto firm, he stressed that “as a matter of law – XRP is not a security.

Ripple's Chief Legal Officer Breaks Down Ruling in SEC Lawsuit — Says ‘As a Matter of Law, XRP Is Not a Security'

Ether and other major cryptos are swept upward in a banner day for crypto markets. PLUS: While the number of large bitcoin holders increases, bitcoin sent to exchanges continues to fall, writes CoinDesk's analysts.

First Mover Asia: Bitcoin Soars to One-Year High at $31.7K as Crypto Investors Savor Partial Ripple Victory

The only thing this ruling guarantees is continued uncertainty in the cryptocurrency markets – uncertainty only Congress can correct, says Preston Byrne.

Ripple Labs Ruling Throws U.S. Crypto-Token Regulation into Disarray

The Nasdaq-listed cryptocurrency exchange Coinbase has relisted XRP following a landmark ruling in the U.S. Securities and Exchange Commission (SEC) v. Ripple Labs case. Several other crypto exchanges have also resumed trading of XRP. Crypto Exchanges Bring Back XRP Trading Following the landmark ruling in the U.S. Securities and Exchange Commission (SEC) v.

Coinbase, Other Crypto Exchanges Relist XRP Following Ruling in SEC v Ripple Case

Ripple Labs won a partial victory in court on Thursday as a federal judge ruled that some of its sales of the XRP token, which were challenged as securities violations by the Securities and Exchange Commission, did not fully meet the definition of a securities offering.

SEC faces ‘wake up call' after Ripple ruling, though appeal likely

Shiba Inu

Shiba Inu (CRYPTO: SHIB) was climbing up over 6% at one point during Thursday's 24-hour trading session, attempting to confirm a new uptrend pattern on the daily chart. The move higher came in tandem with Dogecoin (CRYPTO: DOGE), which was spiking over 6% higher amid bullish price action in the crypto sector following a landmark ruling by a U.S. judge, who determined that Ripple's sales of the XRP token (CRYPTO: XRP) do not constitute an offer of investment contracts.

Shiba Inu Flies Higher In Tandem With Dogecoin As Crypto Sector Reacts To XRP Judgement: A Technical Analysis

Programmatic sales of XRP did not violate the federal securities laws.

XRP Surges After Ripple's Partial Win Against SEC

To be clear, Judge Analisa Torres has not issued a ruling on secondary sales of XRP "because that question is not properly before the Court."

Coinbase to Restart XRP Trading After Judge's Ruling in Ripple Case

XRP tokens sold on exchanges found not to be securities, but the classification changes on sales to institutions.

Crypto Prices Surge On Favorable As Investors Take Favorable View Of Ripple Ruling

On Thursday July 13, US judge Analisa Torres of the U.S.

What The XRP Security Ruling Means For Bitcoin, Ethereum, And BNB

Cardano

Polygon

Solana

A Thursday court ruling in the Ripple vs. SEC case, which determined that Ripple (CRYPTO: XRP) sales cannot be classified as investment contracts, has sparked a flurry of reactions from the crypto community.

Ripple's Legal Tussle With SEC Sparks Debate In Crypto Community, Ruling Triggers Rally In SOL, ADA, MATIC

Gemini and Coinbase are exploring relisting XRP.

Coinbase will re-enable trading for XRP after mixed court ruling

The SEC's case with Ripple isn't over yet.

SEC leaves door open for appeal in Ripple case

The court did not rule on whether secondary market sales of XRP are offers or sales of securities.

XRP Sales In Secondary Markets May Still Be The Sale Of Securities

Nearly everything's green after a federal judge weighed in on whether XRP is a security, with Ethereum recapturing $2,000.

Ethereum Hits $2,000 for First Time Since May Following XRP Ruling

Cryptocurrencies that the U.S. Securities and Exchanges Commission (SEC) deemed unregistered securities in last month's lawsuits against Coinbase and Binance have posted double-digit percentage gains on the news of a favorable court ruling regarding Ripple's XRP.

SOL, MATIC, ADA Tokens Surge Following XRP Ruling

The price of XRP has surged 59% after a judge issued a highly anticipated ruling in the intensely scrutinized case of the U.S. Securities and Exchange Commission vs. Ripple. XRP began trading the day at $0.47 and is now at $0.

XRP Price Explodes As Judge Rules Ripple's Programmatic Sales of Crypto Asset Are Not Securities

Most of the tokens previously deemed securities by the SEC are seeing large gains upon a federal court's ruling in the XRP case.

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