Whale Splashes 30M XRP After Ripple Scores Legal Win – XRP Crowned a Commodity
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XRP Whale Makes Bold Move
In a dramatic shake-up of the crypto market, a whale moved 30M XRP in a single transaction just moments after the Ripple vs SEC case officially ended, fueling intense speculation, according to analyst Xaif Crypto.
Taking on X, formerly Twitter, the analyst pointed out, “Moments after the SEC vs Ripple case finally ended. A whale just moved 30 MILLION XRP (~$99.8M+) in a single transaction.”
The timing is pivotal because it happened after Ripple’s legal battle with the SEC officially ended, clearing XRP’s regulatory status and paving the way for greater institutional adoption and renewed investor confidence.
On-chain data confirms the whale transaction occurred within minutes of the case's final ruling. The funds were transferred from an unknown wallet to another unidentified address, triggering a flurry of activity and commentary on social media.
Some analysts suggest this could be a strategic repositioning by a high-net-worth investor anticipating bullish momentum, while others warn it could signal short-term profit-taking.
Xaif Crypto opined that historically, such large transactions often precede major price movements.
Market sentiment has turned sharply bullish with XRP soaring to $3.36 following the settlement news, with pundits acknowledging that the 3rd-largest cryptocurrency by market cap might soon reclaim its recent all-time high (ATH) of $3.65.
XRP Officially Classified as Commodity Under CFTC in Regulatory Milestone
In a groundbreaking development for the cryptocurrency industry, XRP has officially been classified as a commodity under the U.S. Commodity Futures Trading Commission (CFTC), marking a historic shift in its regulatory status.
This announcement follows XRP’s inclusion in regulated Event Contracts, solidifying its legal recognition within the United States financial system.
The update was shared on X by Xaif Crypto, triggering widespread reaction across the digital asset space.
The classification confirms that XRP will now be governed by the same regulatory framework that applies to other commodities like gold, oil, and Bitcoin, further distancing it from the legal uncertainties it faced under the SEC for years.
XRP’s classification under the CFTC paves the way for broader institutional adoption by eliminating the ambiguity that once deterred major financial entities from engaging with the asset.
As a commodity, XRP is now eligible for derivatives trading on regulated U.S. platforms, opening the floodgates for new financial products and investment vehicles.
“XRP just joined the elite club Wall Street is watching,” Xaif noted.
The CFTC’s decision may also set a precedent for how other altcoins are treated under U.S. law, potentially reshaping the entire digital asset landscape. With Bitcoin and Ethereum already treated as commodities, XRP’s new classification positions it among the most institutionally viable digital assets.
Conclusion
XRP’s classification as a commodity marks a monumental stride forward for digital asset regulation in the U.S., cementing its legitimacy and setting the tone for the next phase of crypto adoption and compliance.
Furthermore, the monumental XRP whale move, timed precisely with the SEC vs Ripple case resolution, underscores a pivotal shift in XRP’s journey, from regulatory uncertainty to institutional-grade legitimacy.
With the doors now wide open for Wall Street and global institutions to re-enter the XRP market, this could mark the dawn of a new era, not just for Ripple, but for the future of crypto itself.
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