After reaching $2, XRP surpassed USDT to become the third-largest cryptocurrency by market capitalization, marking a significant milestone for the token.
Legal Challenges for XRP
Fox Business journalist Eleanor Terrett highlighted XRP's challenges, recalling times when it was the second-largest cryptocurrency before Hinman's speech in 2018, which classified Bitcoin and Ethereum as non-securities, leading to XRP losing its position due to regulatory uncertainty.
John Deaton's Legal Battle for XRP
Attorney John Deaton played a pivotal role in XRP's legal defense. He shared his journey in defending XRP, as the SEC's claim of all XRP transactions being illegal prompted him to advocate for both Ripple and XRP's global community.
XRP Price Surge
XRP closed November with a significant 3x rally, hitting a seven-year high. Despite a 2.4% dip yesterday, the cryptocurrency saw a 29% surge today and is currently trading at $2.44, showing strong confidence among traders in its future potential.
XRP is exhibiting substantial recovery, reclaiming its leading market positions. Amidst legal and price fluctuations, the token remains a focus of attention in the cryptocurrency community.
