A recent court ruling has ignited a surge in the LIBRA token, sending its price soaring by over 393% in just one day. This significant rally follows the unfreezing of $57 million in USDC connected to the Libra token lawsuit, which was originally frozen in May as part of a class-action case seeking damages from investors who lost money after the project’s collapse. A federal judge has lifted this freeze and determined that both Hayden Davis and Ben Chow, former promoter and CEO of Meteora exchange respectively, have complied with earlier restrictions and made no attempts to hide or move the funds. While the lawsuit remains ongoing, this decision will provide the defendants access to capital as they prepare their defense. This sudden surge in activity has seen trading volume jump substantially, and the token’s price is currently hovering around $0.043, with a daily trading volume of just over $70,000. The recent rally comes months after Libra’s dramatic collapse in February, when it saw a record market cap of $4.56 billion before plummeting by over 97% within 24 hours following the post from Argentine President Javier Milei, who was believed to be publicly supporting the project. Despite this past setback, demand for the token is once again picking up steam and many believe that the future of Libra holds promise despite its uncertain long-term prospects.