I just noticed that the XRP market is showing quite interesting signals ahead of the SEC decision. Opening a position (OI) increased by 14.8% in 24 hours, and the funding rate also surged 158% to 0.0028 - indicating that derivatives traders are quite optimistic. The current price is around $1.44, up slightly by 0.91% for the day.



What’s notable is that the ripple vs. SEC battle seems to be heading in a positive direction. About 10 days ago, the SEC and CFTC recognized XRP as a digital commodity, similar to Bitcoin and Ethereum. Spot XRP ETF funds from major asset managers started operating from September to December last year, attracting about $1.44 billion.

Ripple is also not resting - recently integrated AI into the ledger, discovered 10 vulnerabilities, and optimized the system. If the ripple vs. SEC continues along this path, it could open up more large institutional capital flows. It’s worth monitoring the upcoming developments.
XRP0.84%
BTC-0.09%
ETH-0.54%
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