#xrp investors just received fantastic news from the securities and exchange commission .
Ripple has faced scrutiny from the US securities and exchange commission since 2020 for he way it issued the XRP currency.
The SEC settled its lawsuit against ripple last Thursday, in line with President Donald Trump's promise to run a Pro-crypto administration.
The Resolution is great news for Ripple.
XRP has a total supply of 100 billion tokens, with 59.3 billion in circulation and the other 40.7 billion controlled by Ripple, which releases them as necessary to meet demand. In its lawsuit, the SEC argued that XRP should be treated like a stock, a bond, or any other financial security normally issued by a company. This would've placed Ripple under a strict regulatory framework, adding costs and restrictions that might have derailed its business model.
Now's the best time to purchase the XRP Coin because soon it's gonna hit 4$ because it's current price 3$.
let me know in the comments section what you think about it.