SEC Grants Ripple License to Expand Strategically

Ripple has received a significant boost from the Securities and Exchange Commission (SEC) as they granted a new postponement for three Ripple-related exchange-traded fund (ETF) applications, shifting the focus toward October. This latest development clears legal hurdles for Ripple, allowing them to concentrate their efforts on advancing their XRP Ledger ecosystem. Despite a broader market downturn, XRP remains at a competitive level compared to other altcoins.