{"id":18133,"date":"2025-03-19T17:32:50","date_gmt":"2025-03-19T17:32:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18133"},"modified":"2025-03-19T17:32:50","modified_gmt":"2025-03-19T17:32:50","slug":"xrp-soars-13-after-sec-lawsuit-victory-can-xrp-flip-ethereum","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18133","title":{"rendered":"XRP Soars 13% After SEC Lawsuit &#8216;Victory&#8217;: Can XRP Flip Ethereum?"},"content":{"rendered":"<div>\n<p>With the SEC dropping its four-year lawsuit against Ripple, industry experts are examining whether <strong>Ripple <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/xrp\/usd\">XRP<\/a>) could overtake <strong>Ethereum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) in market capitalization, a feat that would require overcoming <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44398151\/ripple-ceo-announces-victory-as-sec-drops-appeal-in-xrp-lawsuit\">significant market and structural challenges.<\/a><\/p>\n<p><strong>What Happened: <\/strong>The legal resolution, confirmed by Ripple CEO <strong>Brad Garlinghouse<\/strong>, has already driven XRP&#8217;s price to $2.53, a 13% increase, according to data from CoinMarketCap, reflecting renewed investor confidence.<\/p>\n<p>However, analysts remain cautious about XRP&#8217;s ability to surpass Ethereum, which currently holds a circulating market cap of $246 billion compared to XRP&#8217;s $146 billion, per CoinMarketCap data.<\/p>\n<p>Garlinghouse on Wednesday announced the end of the legal battle, which began in December 2020, stating, &#8220;The case is over,&#8221; and framing it as a &#8220;victory&#8221; against the SEC&#8217;s aggressive stance, which he said cost XRP investors $15 billion. <\/p>\n<p>The lawsuit, filed under former SEC Chairman<strong> Gary Gensler<\/strong>, alleged that <a href=\"https:\/\/in.benzinga.com\/markets\/cryptocurrency\/25\/03\/44314642\/ripple-sec-lawsuit-nears-end-will-xrp-be-classified-as-commodity-like-ethereum\">XRP was an unregistered security<\/a>, a claim rejected by a federal judge in 2023, who ruled that XRP does not meet the legal definition of a security.<\/p>\n<p>This decision, upheld through the SEC&#8217;s recent withdrawal, has broader implications for the crypto industry, as it aligns XRP&#8217;s regulatory status with Ethereum, which the SEC classified <a href=\"https:\/\/www.benzinga.com\/25\/03\/44294333\/xrp-gains-on-report-that-ripple-sec-case-could-end-soon\">as a commodity<\/a> in 2018.<\/p>\n<p>Garlinghouse criticized the SEC&#8217;s approach, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44402588\/xrp-soars-13-after-sec-lawsuit-victory-can-xrp-flip-ethereum\" alt=\"XRP\" soars after sec lawsuit can xrp flip ethereum>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>With the SEC dropping its four-year lawsuit against Ripple, industry experts are examining whether Ripple (CRYPTO: XRP) could overtake Ethereum (CRYPTO: ETH) in market capitalization, a feat that would require overcoming significant market and structural challenges. What Happened: The legal resolution, confirmed by Ripple CEO Brad Garlinghouse, has already driven XRP&#8217;s price to $2.53, a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-18133","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18133"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18133\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}