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In the course of 2023, Ripple’s XRP token has experienced noteworthy gains, soaring by more than 90% since the beginning of the year. This impressive growth can be attributed to a pivotal court ruling affirming that XRP does not classify as a security.

 

The favorable court decision has notably boosted XRP’s appeal among investors. Despite this success, there is an ongoing anticipation for the token to surpass the $1 threshold.

 

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