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TON is the other notable gainer from the larger-cap alts.

After what possibly seemed like an eternity for the folks at Ripple and traders of XRP – the token that was at the center of the blockchain company's years-long courtroom standoff with the United States Securities and Exchange Commission (SEC), the wait is finally over.

Ripple's ongoing legal battle with the SEC has led to many questions about how the recent court decisions might impact its On-Demand Liquidity (ODL) sales. Meanwhile, Attorney Jeremy Hogan provides insights, suggesting that Ripple's operations may largely continue unaffected.

The price of Ripple's XRP token has surged by 18% in the past 24 hours to lead the market as the top gainer.

In the wake of Ripple's recent success in the lawsuit against the SEC, attorney Fred Rispoli has taken to X, urging the American entrepreneur Elon Musk to integrate XRP into X Payments. Today, the pro-Ripple lawyer ask Musk to “announce XRP will be part of the X Payments platform.

The resolution of the SEC vs. Ripple case could set a precedent for future regulatory actions in the cryptocurrency industry.

Ripple witnessed an impressive rally over the past day, but might soon face resistance due to short-term profit-taking. Ripple (XRP) is up by 18% in the past 24 hours and is trading at $0.605 at the time of writing.

Trading volumes nearly tripled and open interest on XRP-tracked futures jumped $200 million in the past 24 hours.

Ripple has entered into a strategic alliance with the DIFC Innovation Hub to advance blockchain and digital asset development in the UAE.

Ripple's latest partnership was good news for XRP's price action.

Ripple's token, XRP, has reached a four-month high of $0.66 due to growing optimism about resolving the Ripple vs. SEC lawsuit. The price increase is also driven by Ripple's new partnership in the United Arab Emirates (UAE), suggesting a positive trend for the cryptocurrency.

Ripple's native crypto XRP decouples from the current market sentiments as it bagged a major regulatory win against the US Securities and Exchange Commission (SEC). XRP whales' holding went on to hit the all time high (ATH) levels following the massive gain of 42% over the last 30 days.

U.S. District Judge Analisa Torres has imposed a $125 million fine on Ripple Labs for violating securities laws. In a judgment delivered on Aug.

Ripple, a leader in enterprise blockchain and cryptocurrency solutions, has announced a new partnership with the Dubai International Financial Centre (DIFC).

XRP skyrocketed by 26% following a pivotal move by a New York federal judge in the ongoing securities lawsuit against Ripple Labs.

Amid the broader market recovery, the altcoins are gaining momentum with minor hiccups along the way. In the top gainers, the XRP price ranks high as it reclaims the $0.60 level overnight. However, the ADA price trend struggles for a comeback from $0.335 and bounces back from a support trendline.

The total crypto market cap edged 2 percent higher towards $2.1 led by Bitcoin (BTC) and Ripple Labs-backed XRP. Following the heightened crypto volatility, more than $215 million was liquidated from the crypto industry in the last 24 hours, mostly involving long trades.

Doctor Profit, a prominent XRP investor, has shed some light on a comprehensive report published by BloFin on the long-term potential of XRP. According to the analyst, XRP is designed for long-term investors rather than those seeking quick gains through day trading.

Ripple CEO Brad Garlinghouse has reacted to the final judgment, framing the outcome as a "victory" for his company.

Finally, XRP is not a Security! This is a big win for the entire XRP community, which believes in Ripple's commitment to crypto. In a landmark decision, a federal judge has issued a split ruling in the long-running legal tussle between Ripple and the SEC over XRP.

Judge Torres handed down the penalty after determining that Ripple's 1,278 institutional sale transactions violated securities laws. This ruling follows her previous decision in July 2023, which stated that XRP is not a security, giving Ripple a partial victory.

On Wednesday, August 7, the U.S. Securities and Exchange Commission (SEC) slapped $125 million to Ripple in the ongoing SEC lawsuit for institutional sales to XRP and violating the securities laws. However, this has raised questions over the use of on-demand liquidity (ODL) sales that use XRP as a bridge for instant cross-border settlements.

Stellar (XLM) started a strong increase above the $0.0950 resistance against the US Dollar. XLM price is gaining pace and might aim for $0.120.

XRP is currently trading slightly above the $0.50 price level, having experienced a significant price decline that erased most of its gains from the previous month. XRP managed to break through the $0.60 price level in a rally last month, although this surge was short-lived, lasting only a few days.