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Now, Europe gearing up to launch its first-ever spot BTC fund managed to re-ignite the spark. However, after the verdict in the SEC v. Ripple lawsuit was passed, the Altcoins like Cardano (ADA), Solana (SOL), Polygon (MATIC), and Stellar (XLM) have skyrocketed the most each gaining anywhere between %. With XRP not Taking inspiration from XRP’s pump, Solana rallied the most among other altcoins. Apart from the regulatory catalyst, SOL had also been projecting an “incredibly Cryptocurrencies that the U.S. Securities and Exchanges Commission (SEC) deemed unregistered securities in last month's lawsuits against Coinbase and Binance have As the post explains, Torres’ ruling states that Ripple illegally sold $728 million worth of unregistered securities via institutional sales of XRP. Meanwhile, the judge As crypto markets stabilize and show signs of their next bullish expansion, three top-tier altcoinsSolana (SOL), Cardano (ADA), and XRPare gaining momentum. Until a day back, Bitcoin ETFs were the talk of the crypto town. Now, Europe gearing up to launch its first-ever spot BTC fund managed to re-ignite the spark. However SEC retracted its request for security status of Solana, Cardano and MATIC among other assets. XRP extended gains by nearly 3% early on Tuesday, climbing to Positive news within the blockchain industry: after the ruling on XRP, the crypto assets Solana (SOL), MATIC, and ADA have risen. Specifically, the recent ruling The Securities and Exchange Commission’s decision to withdraw its request on certain tokens could boost Solana, Cardano, and Polygon. Robinhood might resume listing

Solana, Cardano, and MATIC Rally Up to 50% Post-XRP Ruling: What's Fueling the Surge?

The crypto market is buzzing! Following the landmark XRP ruling, Solana (SOL), Cardano (ADA), and Polygon (MATIC) have experienced significant rallies, with some gains reaching up to 50%. What's behind this surge in altcoin prices? The XRP Ripple Effect: A Turning Point for Altcoins? The verdict in the SEC v. Ripple lawsuit, specifically Torres’ ruling stating Ripple illegally sold $728 million worth of unregistered securities via institutional sales of XRP, has had a profound impact. The positive news within the blockchain industry sent a ripple effect (pun intended!) across the market. Cryptocurrencies that the U.S. Securities and Exchanges Commission (SEC) deemed unregistered securities in last month's lawsuits against Coinbase and Binance have benefitted from perceived clarification. Solana (SOL) Leads the Charge: Taking inspiration from XRP’s pump, Solana rallied the most among other altcoins. Apart from the regulatory catalyst, SOL had also been projecting an “incredibly strong technical setup. Robinhood might resume listing SOL, further fueling the fire. Cardano (ADA) and Polygon (MATIC) Follow Suit: Cardano (ADA) and Polygon (MATIC) also experienced substantial gains. The Securities and Exchange Commission’s decision to withdraw its request on certain tokens could boost Solana, Cardano, and Polygon. This retraction is viewed as a positive signal for these assets. Beyond the Ruling: Broader Market Factors The XRP ruling isn't the only factor contributing to the recent altcoin strength. Until a day back, Bitcoin ETFs were the talk of the crypto town. Now, Europe gearing up to launch its first-ever spot BTC fund managed to re-ignite the spark. However SEC retracted its request for security status of Solana, Cardano and MATIC among other assets, adding further confidence. XRP Extends Gains: XRP extended gains by nearly 3% early on Tuesday, climbing, showcasing the continued positive sentiment surrounding the token. What's Next for Solana, Cardano, and MATIC? As crypto markets stabilize and show signs of their next bullish expansion, three top-tier altcoins – Solana (SOL), Cardano (ADA), and XRP – are gaining momentum. The combination of regulatory clarity (or at least, less uncertainty) and positive market developments points towards a potentially bright future for these projects. Disclaimer: This is not financial advice. Cryptocurrency investments are highly volatile and you could lose all of your investment. Always do your own research before investing.

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