On This Day in Crypto – August 8
$XRP Breaks Free
On August 8, 2024, Ripple scored a major win — the SEC lawsuit was finally resolved, and $XRP surged 20% in response.
The ripple effect?
Bitcoin jumped past $57,000, and the entire market lit up with renewed confidence.
But it wasn’t just about the price.
✅ Why it mattered:
The decision brought long-awaited regulatory clarity to one of crypto’s biggest legal battles, opening the door for more institutional players and setting a key precedent for the entire industry.