It looks like things are getting better for the ripple as some good news is coming from the security and exchange commission side. The update is that security and exchange commission is not going to appeal against ripple and because of that the market turnout to be positive where some good price appreciation can be observed on XRP coin.
This is surely a good news for the ripple fans and people who are invested on this project because now if this is announced officially then for sure more value addition will happen and gradually we can expect more price appreciation on the coin.
The U.S. Securities and Exchange Commission will drop its appeal against Ripple Labs, the crypto firm's CEO Brad Garlinghouse said in a post on social media platform X.
This news had been shared on ex social media platform by the triple CEO and this is surely a good one for the entire Crypto community and not just for the xrp community. The project has been struggling in the market because of ongoing law suit which was filed by security and exchange commission but now after the Trump taking over in United States as president thinks are settling down and getting better.
For now let's be happy and wait for some more positive sentiments happening around in the market including the ones which is just published and hopefully the next big thing can also be about the Bitcoin reserve or some sort of ETF update for solana coin.
The market is in a face where things are really not growing significantly in terms of prices however with such positive news floating around we can expect something good and hopefully even better in the coming months.
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