XRP News: Ripple’s Defense Hinges on Ethereum Parallel as XRP Nears Commodity Status

In the ongoing legal battle between Ripple and the SEC, Ripple is leveraging Ethereum’s case study to defend XRP. Despite the legal challenges, XRP’s user adoption continues to grow, with the address count reaching 6.87 million. On-chain data also shows a surge in network activity, despite a dip in price. As XRP nears commodity status, the SEC is re-evaluating its position.

SEC vs Ripple – How Ethereum’s Case Study Can Defend XRP

XRP’s address count has climbed to 6.87 million, indicating strong user adoption despite Ripple’s ongoing legal battle with the SEC. Ripple’s defense hinges on the parallel with Ethereum, arguing that XRP has evolved into a purely traded asset, independent of its initial fundraising purposes. The on-chain data shows that XRP network activity surges despite a price dip.

XRP Nears Commodity Status; SEC Re-evaluates Its Position

XRP is nearing commodity status as ongoing talks between the SEC and Ripple shape its future. If the motion passes, XRP will face fewer government restrictions and be in a better market position. Vermont has withdrawn its lawsuit against Coinbase, blaming the SEC for its shifting stance on crypto regulation. The SEC v. Ripple case remains anxiously awaited, with recent reports hinting at a possible settlement between the two parties. Ripple aims to negotiate adjustments that could significantly impact the crypto space.

Ripple Investors Shifting to Lightchain AI Amid Market Uncertainty

Ripple investors are jumping ship to Lightchain AI, which has raised over $17.3 million at a presale price of $0.006, due to its unique combination of AI and blockchain technology. As Ripple faces ongoing regulatory and market challenges, investors are seeking safer, higher-potential opportunities. Lightchain AI’s innovative approach and strong momentum position it for explosive growth in 2025, making it an attractive alternative for those looking to maximize returns.

Ripple Secures Dubai License for XRP Payment Services

Ripple has announced that it has secured a key license from the Dubai Financial Services Authority (DFSA), allowing it to legally offer crypto payment services using XRP in the Dubai International Financial Centre (DIFC). This marks the first time a blockchain company has received approval to operate such services within the DIFC, strengthening Ripple’s foothold in the Middle East. The milestone unlocks fully regulated cross-border crypto payments in the UAE. XRP has gained 2.4% in the past 24 hours amid the news and currently stands at $2.32.