XRP (Ripple) sees significant gains in cryptocurrency markets following small victory in SEC lawsuit

05/17 17:00

XRP (Ripple) is the only major cryptocurrency that has seen significant gains in the crypto markets, while Dogecoin and Litecoin have only experienced minor increases. The rise in XRP's value is attributed to positive news from the SEC's lawsuit against Ripple, which resulted in a small victory for the company. However, the outcome of the lawsuit, which has been ongoing for almost two and a half years, may still have a significant impact on XRP's price in the medium term. Despite the victory, XRP's current price is still less than half of its all-time high in early 2018, and the uncertainty surrounding the lawsuit may be contributing to its relatively low volatility compared to ETH.
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