Polygon (MATIC) saw a significant price increase on July 13 due to several factors, including a positive court ruling for XRP and increased activity of Dapps on the Polygon Network. MATIC also anticipates the launch of Polygon 2.0, which could further drive up its price.

The court ruling that XRP is not a security could have implications for other alternative cryptocurrencies, including MATIC, which was classified as a security by the SEC during its legal battle against Coinbase.

While there are no apparent obstacles preventing MATIC from reclaiming its pre-SEC action support level, investors may await further development confirmation before expecting consistent bullish momentum.