Famous exchanges are starting to take notice of XRP in the wake of Ripple’s victory in the protracted Ripple v. SEC dispute. In response to the good news for the Ripple XRP community, cryptocurrency exchange Gemini has stated that it is considering listing XRP for both spot and derivatives trading.
In a recent decision, a US judge formally declared that Ripple XRP is not a security, putting an end to the long-running conflict between XRP and the SEC. Additionally, the announcement had a noticeable impact on XRP’s price, which rose 30% right once after the news broke.
Gemini is thinking of listing XRP in light of the recent ruling.
On December 7, 2020, Gemini decided to remove Ripple XRP from its listing. The current US court case, however, has forced the exchange to reevaluate its choice.
Data from CoinMarketCap shows that Ripple XRP has increased by 72% after the lawsuit’s favourable conclusion. From a 24-hour low of $0.4679 to its all-time high of $0.8465, XRP’s price increased. As of the time of publication, the coin was trading at $0.8177, and its trajectory and possibility indicate that it will rise even higher. At the time of publication, the 24-hour trade volume had increased by 865% and was $6.6 billion.
