Ripple Labs

XRP Sees Modest Gains Amid Ongoing SEC Regulatory Scrutiny

On September 24, 2024, XRP saw a modest increase of 0.97%, closing at $0.5910 amid cautious investor sentiment due to ongoing SEC concerns. The recent SEC hearing highlighted the need for clearer cryptocurrency regulations, as Commissioner Hester Peirce criticized the agency’s vague language. With the SEC’s ongoing litigation against Binance, the implications of these discussions could significantly shape the future of XRP and the broader cryptocurrency market.