$XRP This movement occurs after the announcement of a legal agreement between Ripple, the company that created the token, and the U.S. Securities and Exchange Commission (SEC). The regulatory body had accused Ripple of selling XRP as an unregistered security in a legal dispute that extended over years.
As part of the agreement, Ripple will have to pay a fine of 50 million dollars (about 46 million euros), a considerable amount but well below the 125 million dollars that the SEC initially claimed.
For investors, this outcome was interpreted as a victory, boosting the value of the token in major markets
