XRP Surges as Ripple-SEC Case Ends

The chart of the day is presented by crypto.com, the leading crypto platform trusted by over 100 million users worldwide. Let's take a look at the chart of the day. A federal judge ordered ripple to pay 100 and $25 million in civil penalties and imposed an injunction against future securities law violations ending the long running sec case against the platform XRP. The native token of ripple surged nearly 20% on the news. Leading market wide gains. Crypto traders widely expected a settlement in the case throughout July with the tokens drawing outsized attention from South Korean markets and beating gains in major tokens on several days. As reported XRPS trading volumes also jumped to $5.6 billion in the past 24 hours. As of 9:30 a.m. Eastern time. XRP is trading at 60 cents. That's it for today's chart of the day. I'm Jens Asi. We'll see you next time to unpack more of the data behind top news stories.