Following a U.S. federal judge’s ruling that XRP—the token powering the Ripple network—is not a security in certain contexts, a sea of green has emerged across popular altcoins, with top coins up double-digit percentages over the past 24 hours.

XRP itself is up a colossal 62% as of writing upon the news–which has seen an uproar from the self-proclaimed “XRP army” all throughout Twitter—trading above $0.76, according to data from CoinGecko. 

Select other altcoins, some of which were previously deemed securities by the U.S. Securities and Exchange Commission (SEC), have also benefited from the rising tide. Solana (SOL) has roared upwards with a 17% gain on the day, marking a sizable 32% increase on the week, changing hands at around $26,
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Author: Pedro Solimano

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