๐ข BREAKING: XRP JUMPS 3% FOLLOWING GARLINGHOUSE ANNOUNCEMENT
๐ Market Reacts Instantly to Ripple-SEC Update
In a swift market move, XRP surged by 3.36% in under 30 minutes, reaching approximately $2.18, after Ripple CEO Brad Garlinghouse revealed that the company is officially dropping its cross-appeal against the SEC โ and expects the regulator to follow suit.
๐ฃ๏ธ Garlinghouse stated:
> โRipple is dropping our cross-appeal, and the SEC is expected to drop their appealโฆ closing this chapter once and for all.โ
This announcement sent a strong bullish signal across the market, sparking a wave of investor optimism.
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๐ Whatโs Behind the Surge?
The XRP price jump comes during an otherwise stable market phase โ making this breakout especially notable.
Such a sharp reaction is rare without a powerful catalyst, and in this case, the legal development provided just that.
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๐ง Takeaways for Traders & Analysts:
Legal clarity = market momentum โ This move underscores how regulatory shifts can quickly drive prices.
No legislation required โ A CEOโs strategic message alone triggered the rally.
Real-time relevance โ This news is fresh and fast-moving, ideal for those tracking key crypto catalysts.
Stay sharp โ XRP is once again in the spotlight.