Ripple made strides in its legal battle against the SEC, being fined 125 million USD instead of 2 billion USD. This significant reduction is viewed positively by the crypto community, underscoring Ripple’s potential financial recovery and regulatory leniency.
The election of Donald Trump and the resignation of SEC Chair Gary Gensler indicate a possible shift towards favorable crypto policies. This change has brought Optimism within the crypto space, as Ripple continues to grow despite previous regulatory challenges.