Victory

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/ripple-wins-significant-victory-against-sec-in-court/" data-wpel-link="internal">Ripple Wins Significant Victory Against SEC in Court</a> 
Ripple won a significant victory against the U.S. Securities and Exchange Commission (SEC) in court, which accused the Blockchain company of illegal XRP sales. The final decision, which required Ripple to pay only a portion of the compensation demanded for institutional XRP sales, led to widespread enthusiasm in the cryptocurrency sector, especially among the XRP community. 
<h2 style="text-align: justify" id="strong-what-s-next-for-ripple-s-xrp-strong">What’s Next for Ripple’s XRP?</h2> 
Ripple’s partial legal victory, determined by Judge Analisa Torres, who ruled for compensation far below the SEC’s $2 billion penalty request, reinforced confidence in XRP’s future. Following the positive court decision, XRP‘s price responded positively, and <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> are now trying to understand what’s next for the altcoin. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-378046" src="https://coin-turk.com/wp-content/uploads/2024/08/Ripple-XRP-Fiyat.png" alt="" width="1433" height="622"> 
As of August 8, the advanced <a href="https://futurearticles.co/openai-gpt-4o-vs-anthropic-claude-3-5-who-will-win-the-duel/" target="_blank" rel="noopener" data-wpel-link="exclude">artificial intelligence</a> and machine learning algorithms of PricePredictions, a <a href="https://en.coin-turk.com/the-potential-impact-of-spot-bitcoin-etf-applications-on-the-market/" data-wpel-link="internal">crypto market</a> analysis platform, indicate that the altcoin is poised for modest gains towards the end of the month. The platform’s data-driven prediction suggests that XRP could reach $0.638471 by August 31, 2024. 
This prediction corresponds to a 3.35% increase from the current price. As of the latest data, XRP is trading at $0.6178, marking a significant 19.68% increase in the last 24 hours. This price rise has compensated for the losses experienced last week, adding to a 1.61% increase over the past month and contributing to a 41.63% gain on the monthly chart. 
Crypto analyst CoinsKid highlighted that XRP has risen by 34% from its previously identified “fearful buying zone.” He added that he remains optimistic about the potential for higher highs and lows in XRP’s recent price movements. The analyst’s short-term expectation is for the altcoin to rise to $0.75. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-378044" src="https://coin-turk.com/wp-content/uploads/2024/08/XRP-Ripple.png" alt="" width="800" height="418"> 
<h2 style="text-align: justify" id="strong-striking-xrp-data-from-santiment-strong">Striking XRP Data from Santiment</h2> 
Contributing to the optimistic outlook, crypto analysis platform Santiment reported that the number of wallet addresses holding 1 million to 10 million XRP on the XRP Ledger has reached an all-time high of approximately 7.06 billion XRP, valued at around $4.4 billion. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-378045" src="https://coin-turk.com/wp-content/uploads/2024/08/Santiment-XRP.png" alt="" width="800" height="528"> 
This increase was accompanied by a significant rise in social media discussions about the project, reaching levels not seen since January. 
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Ripple Wins Significant Victory Against SEC in Court

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