The XRP token as much as 5% in the past 24 hours after reports that the U.S. Securities and Exchange’s (SEC) landmark case against Ripple was tilting in favor of the blockchain firm.
At the time of writing, XRP was trading over 2% higher at 46 cents posting gains for the second straight day. While, bitcoin (BTC) and ether (ETH) fell 1%, leading a nominal slide in the broader crypto market.
The XRP token has added nearly 10% value in the past week, becoming the top gainer among major tokens.
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In 2020,, the SEC sued Ripple on allegations that the firm sold unregistered securities.
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