Judge Torres of the Southern District of New York ruled that Ripple must pay a fine of $125 million instead of the $2 billion the SEC had sought. Immediately after, the price of XRP skyrocketed 24%, from $0.50 to $0.62. 📈

This ruling could open up new growth opportunities for Ripple and XRP, especially since the SEC may continue to appeal. Under the leadership of Gary Gensler, the SEC has shown its determination towards Ripple. However, if the market has already reflected this ruling, this could be an opportunity to "sell the news".

Let's wait and see how XRP develops in the coming time! 🚀