XRP ( XPR-USD ) price predictions have surged on Friday following a historic court ruling for the cryptocurrency. U.S. District Judge Analisa Torres’ decision declared that when XRP was sold on public exchanges, it was not a security. Nonetheless, the SEC / RippleNet lawsuit saw a small win as $728.9 million of XRP sales to hedge funds and other buyers was deemed as security-related.
Investors anticipate that the verdict for XRP could ultimately be a significant step for the asset recover and hold its fair value. Some trading experts have cited estimations for the current price of the tokens in anticipation of scaling up around $1 – XRP was already close enough to register a high of 93 cents in the last 24 hours – with the rise also mirrored in heavy crypto trade alongside a notable 24-hour percentage surge of 2,011.6% as of Friday morning. Altogether, XRP reported an impressive upsurge of 64%.
To gain further insights into XRP’s current context, traders can consult some of the latest news trends focused on this popular cryptocurrency. Sources exploring Friday’s crypto headlines may find topics such as whether investors should dive into a XRP purchase given the recent verdict, a highlight on blockchain technology-related cryptos with solid backing, and much more. All of which can be tracked through the associated links.
