An official statement from the exchange claims that Coinbase has decided to re-list Ripple XRP. An official tweet from Coinbase states, “Coinbase will re-enable trading for XRP (XRP) on the XRP network.”
“Trading is anticipated to start later today, if liquidity conditions are met,” the message continues. Trading on our XRP-USD, XRP-USDT, and XRP-EUR trading pairs will start up gradually once there is enough supply of this asset. In some supported jurisdictions, XRP support may be limited.
A US judge formally determined earlier today that Ripple XRP is not a security, according to the most recent decision in the ongoing Ripple case. The conflict between XRP and the SEC has finally come to a conclusion as a result of the decision. Since the decision, XRP’s price has increased by almost 30%.
Leading exchanges are starting to take notice of XRP as a result of Ripple’s victory before the SEC. Gemini, a cryptocurrency exchange, has also stated that it is looking into listing XRP for both spot and derivatives trading. However, it appears that Coinbase is the first exchange to re-list Ripple’s XRP. Soon, additional exchanges might opt to list the cryptocurrency again.
