In a bid for clarity on cryptocurrency classification, Ripple’s Chief Legal Officer, Stuart Alderoty, has proposed a new framework known as the ‘Network Maturity’ test. This test aims to determine if a token has evolved beyond characteristics typically associated with an investment contract. Ripple argues that if a token is used for payments or decentralized applications without continuous control or profit assurances by its creators, it shouldn’t be classified under the SEC’s jurisdiction as a security. Alderoty suggests this framework could help regulators differentiate between early-stage projects and mature networks functioning like commodities or currencies. This proposal follows Judge Analisa Torres’ landmark ruling in the SEC vs. Ripple case where XRP sales on public exchanges weren’t deemed securities transactions, setting a crucial precedent for future policymaking.