The XRP community has received positive news as one of the leading crypto storage platforms, Blockchain.com, has added support for the token. This follows a recent ruling by Judge Analisa Torres, which provided regulatory clarity for XRP.

In a post on their platform, Blockchain.com announced that users can now store XRP in their wallets. This development is significant as it reflects the increasing popularity of XRP since the regulatory clarity it gained earlier this year.

Prior to this, many exchanges had avoided listing XRP due to Ripple’s legal battle with the SEC. However, since the court ruled that XRP is not a security, major exchanges like Coinbase, Kraken, Bitstamp, and Gemini have listed or relisted the token.

Blockchain.com’s decision to add support for XRP may come as a surprise to some, considering the ruling was made in July. Nevertheless, it indicates a growing demand for the token, particularly due to its unique offering.

Analysts project that XRP’s regulatory clarity will make it stand out in the next bull run, and its adoption is expected to increase once the legal battle with the SEC concludes.

Galaxy Digital CEO Mike Novogratz, who previously had reservations about XRP, admitted that he was wrong and praised the XRP community for their support. Pro-XRP lawyer John Deaton highlighted the efforts of XRP holders in Ripple’s legal battle, noting that they submitted thousands of affidavits that were cited by Judge Torres in her ruling.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Global
Countries
Sentiment	very positive
Relevance Score	1
People	Analisa Torres, John Deaton, Mike Novogratz
Companies	Bitstamp, Kraken, Gemini, Coinbase, Blockchain.com
Currencies	XRP
Securities	None