XRP surges 20.83% after Judge fines Ripple, ending four-year-long lawsuit with SEC

A judge has ordered Ripple to pay just over $125 million in civil penalties, officially ending the SEC’s lawsuit & concluding that XRP is not a security.

Following this news, Ripple’s XRP price has surged nearly 30% in a short period. This strong growth has boosted XRP’s market capitalization by 20.46% to $34.6 billion.