XRP Recognized as Digital Commodity Under US Rules as Stuart Alderoty Welcomes SEC Reclassification

Ripple's Chief Legal Officer Stuart Alderoty has responded to the U.S. SEC's move to classify XRP, Solana and Cardano as non-security digital commodities. He reiterated Ripple's long-held view that XRP is not a security and said the new status could ease listing rules and encourage broader adoption. XRP is trading around $1.51 with a 1.19% daily drop, while trading volume has fallen by 41.25% to $3.07 billion and the RSI near 73.23 suggests overbought conditions.