The SEC chair declared most crypto assets are not securities, and Ripple just secured a federal banking charter, yet XRP keeps sliding. Five years of legal battles brought clarity without a price rally, and now a friendlier Washington may help Ripple more than it helps XRP holders.
The president of the SEC stated that most crypto-actives are not securities, but his words did not modify the judicial framework of XRP or change the market caution. As Ripple expands his plans for RLUSD and obtains final approval for a fiduciary bank letter, the token continues to seek concrete signs of demand.