XRP Rises 10% Following Garlinghouse’s SEC Appeal Drop Announcement

XRP experienced a 10% increase during U.S. morning hours following comments from Ripple CEO Brad Garlinghouse regarding the SEC.

• Garlinghouse stated that the SEC is expected to drop its appeal against Ripple.
• He characterized this as a significant victory for Ripple and the broader crypto market.
• The lawsuit has reportedly caused $15 billion in losses for XRP holders.
• Recent reports suggest that the legal battle between Ripple and the SEC may be nearing its conclusion.