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<p>The post <a href="https://coinpedia.org/news/xrp-price-turning-point-legal-victory-and-cbdc-potential/">Crypto’s Rising Star: Exploring XRP’s Legal Wins &amp; CBDC Potential</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Five years back, <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/">XRP</a> stepped onto the scene at a humble $0.50. Zoom to November 30, 2023, and it’s holding its own at $0.6012. While it might not be making headlines like <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin</a> or <a href="https://coinpedia.org/information/market-price-prediction-ethereum-2019/">Ethereum</a>, the tale it weaves is far from ordinary.</p> 
<p>Cue Bill Morgan, an Aussie lawyer stirring discussions with his recent take on XRP. He sheds light on an interesting twist in XRP’s growth post a lengthy SEC lawsuit. Read on for his insights! </p> 
<h2 class="wp-block-heading" id="h-xrp-s-resilience-a-six-year-stint"><strong>XRP’s Resilience: A Six-Year Stint</strong></h2> 
<p>Despite its slow dance with prices, XRP has maintained a top-five spot for over six years—a feat Bill Morgan calls unprecedented. With legal dust settling, there’s buzz about whether XRP can break its mold and aim for bigger growth.</p> 
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   <p lang="en" dir="ltr">The corollary of the 5 year picture for XRP is to compare the all time highs and all time lows over 9 years. The all time high almost 6 years ago on 4 January 2018 was $3.84. It is down on that figure today by -84.18%<br>But consider the all time low of $0.002802 on 7 July 2014.… <a href="https://t.co/y6pjJWUGH6">https://t.co/y6pjJWUGH6</a></p>— bill morgan (@Belisarius2020) <a href="https://twitter.com/Belisarius2020/status/1729986990173766027?ref_src=twsrc%5Etfw">November 29, 2023</a>
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<p>Looking back, XRP hit a high of $3.84 in January 2018 and a low of $0.002802 in July 2014. That’s a whopping 21592.27% jump from low to high and an 84.18% dip from high to low. These swings before and after January 2018 showcase XRP’s ability to weather storms, especially regulatory ones.</p> 
<p>Also Read: <a href="https://coinpedia.org/news/how-ripples-monthly-xrp-sales-link-to-potential-price-suppression-according-to-expert/">Is XRP’s Price Being Manipulated? Shocking Claims Surface</a></p> 
<h2 class="wp-block-heading" id="h-xrp-s-turning-point"><strong>XRP’s Turning Point</strong></h2> 
<p>Ripple’s tussle with the SEC shook XRP, accused of selling unregistered securities. But a recent win, with Judge Torres declaring XRP not a security, signals a turnaround. Add the U.S. Federal Reserve’s eye on XRP for central bank digital currencies (CBDCs), and things get even more interesting.</p> 
<p>Read More About This: <a href="https://coinpedia.org/news/ripple-news-u-s-federal-reserve-examines-xrps-role-in-cbdcs/">Ripple News: Federal Reserve Examines XRP’s Role in CBDCs</a></p> 
<p>Talks on using XRP in CBDCs spark varied reactions. Banks appreciate Ripple’s offline moves, and construction pros pitch XRPL for side chains. XRP’s potential is a mix of diverse and captivating possibilities.</p> 
<p>As XRP sails through the crypto waves, its story is far from over. Legal roadblocks are easing, and with CBDCs in the mix, XRP could be on the brink of a new chapter. The next months and years will reveal if XRP can turn its steady beat into a groundbreaking rhythm.</p>

Crypto’s Rising Star: Exploring XRP’s Legal Wins & CBDC Potential

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