A recent ruling by Judge Torres states that Ripple’s programmatic sales, distribution channels, and XRP sales by Larsen and Garlinghouse should not be considered investment contracts, thus preventing them from being classified as securities. This ruling has broader implications for the cryptocurrency market as it suggests that the classification of digital tokens as securities is not always definitive. This may pave the way for cryptocurrency sales and transactions, revolutionizing the market. Additionally, there are positive XRP price predictions with strong volume and indications of a potential rally. The article discusses these developments and what to expect next from Ripple and the SEC.
AI Sentiment: Positive