The recent ruling that XRP should not be considered a security has led to a surge in the broader cryptocurrency market. Ethereum, the second-largest cryptocurrency, has surpassed the $2,000 mark for the first time in over two months, with a 5% rise in the past 24 hours and a 14% gain over the last month. Other altcoins like Solana, Polygon, and Cardano have also experienced double-digit gains.
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Ethereum Passes $2,000 Amid XRP-Led Market Boom
The recent ruling that XRP should not be considered a security has led to a surge in the broader cryptocurrency market. Ethereum, the second-largest cryptocurrency, has surpassed the $2,000 mark for the first time in over two months, with a 5% rise in the past 24 hours and a 14% gain over the last month. Other altcoins like Solana, Polygon, and Cardano have also experienced double-digit gains.