Ripple Wins Partial Victory Against SEC, XRP Price Falls

Rachana Saha

A California court sided with Ripple on June 13, dismissing SEC allegations of securities law violations.

A minor allegation will proceed to another trial, with disputes remaining over potential fines.

XRP Price Falls: XRP's price showed a 3.55% decline post-court decision, trading around US$0.47.

XRP remains significantly below its all-time high of US$3.8 from 2018, having dropped nearly 88%.

Despite regulatory positives, XRP struggles in a volatile cryptocurrency market, needing new catalysts for recovery.

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