XRP holders anticipate free pass for Ripple after SEC decision to drop Ethereum probe

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Ripple (XRP) holders debate the future of the altcoin on Thursday, which could be closely related to the US Securities and Exchange Commission’s (SEC) next step following its decision to end the investigation into Ethereum (ETH).

Ripple holders react to news of the US SEC dropping its investigation into Ethereum, expecting a similar treatment for the altcoin. Ripple’s Chief Legal Officer Stuart Alderoty poses questions as holders digest the SEC’s decision. XRP price ticks up on Thursday amidst speculation of the SEC’s next steps in the lawsuit against Ripple.

Why is Ripple in trouble but not Ethereum? — Wendy O June 19, 2024 Technical analysis: XRP gains nearly 1%, defying concerns surrounding SEC’s free pass to Ether XRP gained nearly 1% on Thursday, as seen on the daily chart. The altcoin is trading at $0.4963 on Binance at the time of writing, gaining nearly 1% in the past seven days but losing nearly 8% in the past 30 days.

 

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