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XRP Investors Disappointed by Lack of Regulatory Clarity in Hinman Docs, Cardano and Polygon Show Resilience Amid Regulatory Uncertainty

June 15 (Cointime) - The release of the "Hinman docs" related to the SEC's case against Ripple Labs did not provide the expected regulatory clarity for XRP investors, leading to a brief surge in value followed by a fall. While the documents shed some light on the SEC's internal communications regarding cryptocurrencies, their practical impact on XRP's legal and regulatory status was minimal.

Cardano's (ADA) price also did not experience a substantial surge or downfall in response to the recent legal developments, indicating a "wait-and-see" approach by investors. Meanwhile, Polygon (MATIC) continues to show positive dynamics and is set to release its much-anticipated update, Polygon 2.0, which aims to position the platform as the value layer of the blockchain ecosystem.

XRP XRP $1.19
+8.83%
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