Why is XRP Price Rallying Today?

The XRP ticket is trending in every single build the crypto unbiased, as the asset popped off after Tuesday’s London session and is up 8% at the time of writing. The upward thrust within the price of XRP may possibly well very properly be attributed to the SEC retracting its build a matter to to the court docket to classify a handful of cryptocurrencies as securities in its case against Binance. Moreover, comments from pro-XRP counsel Fred Rispoli comprise fueled speculation that the August 1 SEC closed-door meeting can consequence in a settlement of the Ripple lawsuit.