One of the primary catalysts behind XRP’s bullish outlook is the partial legal clarity Ripple secured in its ongoing battle with the U.S. Securities and Exchange Commission (SEC). In 2023, a landmark ruling declared XRP not a security when traded on secondary markets, paving the way for relistings on major U.S. exchanges like Coinbase and Kraken. This development restored confidence in the asset and brought institutional interest back to the table.
