Ripple Moves 200M XRP Before SEC Appeal: What’s Next?

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Ripple transferred 200M XRP worth $109M to an unknown wallet ahead of the critical U.S. SEC appeal, sparking speculation about its plans. The legal appeal challenges a ruling favoring Ripple, which declared XRP sales were not securities violations. Ripple’s Chief Legal Officer, Stuart Alderoty, expressed confidence in the case, downplaying the SEC’s arguments. Meanwhile, XRP’s trading volume surged over 130%, signaling strong market interest. In tandem, MetaMask integrated with the XRP Ledger, expanding accessibility for its 30M users to manage and interact with XRP-based decentralized apps.