Ripple holds on to double-digit gains, highest in top 20 cryptocurrencies

Ripple News

Ripple holds on to double-digit gains, highest in top 20 cryptocurrencies
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Ripple (XRP) extended its seven-day gains, the altcoin is up 19% in the timeframe, per CoinGecko data.

Ripple rallied over 19% in the past seven days per CoinGecko data, as XRP broke past the $0.50 psychological barrier. The altcoin broke past resistance at $0.50 on the one-year anniversary of Judge Analisa Torres’ XRP ruling. XRP trades at $0.5255 on Sunday, holding on to gains from the week. Ripple extended its seven-day gains, the altcoin is up 19% in the timeframe, per CoinGecko data.

SEC vs Ripple lawsuit FAQs Is XRP a security? It depends on the transaction, according to a court ruling released on July 14: For institutional investors or over-the-counter sales, XRP is a security. For retail investors who bought the token via programmatic sales on exchanges, on-demand liquidity services and other platforms, XRP is not a security.

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