ADA, MATIC and ETH Are Not Securities, Suggests Analyst After Judge's Ruling

SEC lost the battle of the century against Ripple which could spark growth in assets like $SOL $ETH and others

The ruling by the U.S. District Court Judge was a significant milestone in the ongoing legal tussle between Ripple Labs and the U.S. Securities and Exchange Commission .

The judge stated that while institutional sales of XRP by Ripple were deemed securities, the crypto token sold to the public may not be classified as such. This critical distinction left the door open for Ripple's XRP, and by extension, potentially other cryptocurrencies, to evade the label of being a security.

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