XRP’s redemption is on track as several top exchanges, especially those around the U.S. axis, which previously delisted the token following the United States Securities and Exchange Commission (SEC) legal action against Ripple, are now reversing their decisions.
In one of the most recent turnarounds, CEX.IO, a renowned crypto exchange with over five million registered users, has announced its intention to relist XRP on its trading platform for its US-based users. This recent relisting enables its users to carry out various crypto activities with XRP.
Read Also: Coinbase Chief Legal Officer Reacts to XRP Relisting Concerns
Following the widely celebrated court ruling in mid-July that declared XRP sales as non-securities, two of the world’s leading crypto exchanges that had delisted XRP took the bold step to reinstate the token on their various platforms.
Binance U.S., the United States arm of the world’s largest crypto exchange, Binance, was among the early birds that decided to relist XRP on its platform.
Another renowned crypto exchange that did not waste time to reconsider its actions against XRP is Coinbase. Other notable exchanges that relisted XRP following the court judgment in July include Kraken and Bitstamp.
Read Also: Factors With Potential to Drive XRP from Under $1 to $50 Historic Price Level
In early August, Gemini, another US-based crypto exchange, announced the availability of XRP on its trading platform.
Among various crypto exchanges, Gemini is renowned for its strict compliance guidelines. The listing of XRP on its platform implies the growing confidence in XRP as a non-security asset.
After XRP’s listing on Gemini, Linear Finance, a cross-chain compatible decentralized exchange platform, announced the listing of XRP in Late August.
Following the listings discussed in this insight and several others that might not be captured, it is evident that XRP is soaring in adoption and could become a big hit in the crypto market.
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