XRP (XRPUSD) was an underperformer for years. But since late last year, the XRP crypto has become one of the biggest comeback stories. XRP is up over 415% over the past year due to multiple positive catalysts materializing one after the other.
On July 13, 2023, District Judge Analisa Torres ruled that XRP sold on secondary markets is not a security. The token soared temporarily as crypto exchanges rushed to relist it for U.S. investors. That single headline ended the legal burden that began when the Securities and Exchange Commission filed its suit against parent company Ripple in December 2020.
