August 15, 2018 734By Robert Johnson
“XRP finally saw some bullish movements early during Wednesday’s Asian session, hours after it won a court case in the US. The company behind the world’s third-largest cryptocurrency scored a small victory in its ongoing legal defense on Tuesday when the Northern District of California ruled to deny a motion to remand against it. All of the suits against Ripple, the company, share a similar complaint, and that is that the company worked to increase its XRP token’s value. Meanwhile, Ripple insists that Ripple that company and Ripple’s token, XRP, are independent and two different things.”See more for yourself, here. Is this a clean slate for Ripple? Indeed, since the remaining cases are all of a similar nature, this indicates that the rest of the cases will swing in Ripple’s favour. Though, this was always expected. Once the rest of the cases are settled, Ripple will finally be able to start improving the application of XRP, giving it better use values and of course, allowing it to generate some traction and begin to behave as a viable investment once again. There is a chance that some of the existing cases may swing in the opposite direction, but this is unlikely. Moreover, with one case now history, the speed of decision making within the remaining cases may catch fire. Soon enough, this whole saga may be over for Ripple and finally, XRP will be able to operate unhindered once more. This whole drama has allowed Ripple to find a fresh start for XRP, a rebrand and a plan to fully decentralise can only be positive for both the company and its investors. Hopefully now it won’t be too long before Ripple and XRP are able to reign once again.