Smaller, lesser-known digital tokens such as Solana and Cardano resumed the rally that began last week following a court ruling that was seen as favorable for the digital-asset industry.
XRP, which almost doubled last Thursday after a federal judge said that the token wasn’t a security when offered to the public on exchanges, led the gains again. The token rose a much as 12% to 85 cents on Wednesday amid speculation that Ripple Labs could reach a settlement over its long-running dispute about XRP with the US Securities and Exchange Commission.
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