Ripple achieved another legal victory as a federal judge dismissed the SEC’s appeal to a July ruling. Following this win, XRP’s price surged to nearly $0.55 amid a broader cryptocurrency market decline, marking its second significant price increase in response to legal developments.The trial in the lengthy lawsuit between Ripple and the SEC is scheduled for April 23, 2024. Both parties must submit all required pretrial filings and necessary documents by December 4, 2023.The price of the native token of Ripple soared immediately after the ruling, reaching almost $0.55. Its surge comes on the back of an overall market decline, with most cryptocurrencies being in the red for the past 24 hours. XRP’s spike was even more impressive after the previous court decision in July when it skyrocketed by over 70%.

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Information	Details
Geography	North America
Countries	🇺🇸
Sentiment	neutral
Relevance Score	10
People	None
Companies	PrimeXBT, CoinGecko, Binance, US Securities and Exchange (SEC), Ripple
Currencies	XRP, Bitcoin, Ethereum
Securities	None