Saturday, April 10, 2021

Ran Neuner Has Positive Report about XRP as #RelistXRP Trends in the United States

Ran Neuner, co-founder and CEO of Onchain Capital, who has never shown support for the XRP community since Ripple and two of its top executives started struggling with the United States Securities and Exchange Commission (SEC) in the court, has recently shared a report in favor of XRP, which obviously excites the community.

In other news, the hashtag RelistXRP has started trending in the United States Twitter. This is an indication that virtually all XRP community members are still around to defend the cryptocurrency.

Read Also: SEC Refers To XRP As a “Digital Asset Security” In Its Amended Complaint, Makes Its Stand Confusing

Ran Neuner Says Ripple Beats the SEC in Recent Hearings

On 20th March 2021, Ran Neuner took to Twitter to share his observation regarding the recent hearings between Ripple, the US-based cross-border payment firm, and the SEC.

In the tweet that received vast reactions from the XRP community, Neuner admitted that the SEC was clearly beaten as virtually everything discussed during the recent hearings seemed to go in the favor of Ripple and its executives, Brad Garlinghouse and Chris Larsen.

Ran Neuner tweeted, “I listened to the SEC vs Ripple hearings yesterday. I must say, I think the SEC got killed yesterday!”

Read Also: SEC Asks Court to Strike Ripple’s “Fair Notice” Defenses, Says They Are Legally Improper

#RelistXRP is Trending in the United States Twitter

It’s becoming obvious that XRP community members can’t wait to see XRP relisted on crypto exchanges in the United States.

It can be recalled that XRP was delisted by exchanges and crypto-related firms following the lawsuit filed by the SEC against Ripple for allegedly selling XRP as an unregistered security.

The action affected the price of the cryptocurrency significantly. According to Ripple, XRP investors lost a relatively $15 billion to SEC’s filing and the decisions of various crypto exchanges.

As of now, the case is still in court, and the SEC has affirmed that only courts have the right to decide the securities status of XRP. So, exchanges have no substantial reason to delist the digital currency and XRP community members are beginning to agitate for the relisting of XRP by exchanges.

Read Also: Ripple Partner Ria Money Transfer Seals Partnership with bpost to Foster International Money Transfers

As recently shared by a pseudonymous XRP enthusiast identified on Twitter as CryptoBull2020, #RelistXRP is currently trending in the United States Twitter,

CryptoBull2020 tweeted, “#RelistXRP is trending in the USA!”

Read Also: Brad Garlinghouse Provides Two Strong Arguments for Court to Dismiss the SEC’s Lawsuit

Meanwhile, XRP has managed to surpass $0.5. The cryptocurrency has been the top performer among the top 10 digital currencies over the last hours. At the time of filing this report, XRP is trading at $0.5092, with a 3.37% price upsurge in the last 24 hours.

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Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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