Ripple Chief Legal Officer Stuart Alderoty responded to the U.S. Securities and Exchange Commission (SEC) reclassifying XRP, SOL, and ADA as commodities, stating that Ripple has consistently maintained that XRP is not a security. He thanked supporters and the cryptocurrency working group, noting that this shift will reduce regulatory constraints. The new classification is expected to streamline exchange listing processes and promote institutional adoption. Despite XRP trading volume declining 41.25% to $3.07 billion, its price has held the $1.50 support level, currently trading at $1.51.

XRP-4.88%

SOL-5.5%

ADA-5.47%

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