SEC, Ether'in Ripple CEO'su XRP'yi Aşmasına Yardımcı Oldu

Ripple CEO Brad Garlinghouse has said that Ether (ETH) overtook the company's XRP token by market capitalisation because of the US Securities and Exchanges Commission (SEC).

According to Garlinghouse, the US regulator's approach towards ETH largely encouraged investors, giving it a free pass that enabled the smart contract platform's native token to overtake XRP in the market.

 "Son birkaç yılda XRP en değerli ikinci dijital varlık oldu. SEC'in ETH'ye geçiş izni verdiği netleştiğinde, ETH bir nevi patlama yaşadı ve bu netlik de yardımcı oldu"dedi.

Ripple's XRP currently occupies the seventh spot among the largest cryptocurrencies, with a market cap of $52 billion according to data from CoinGecko. Ethereum has held the second spot for the last four years after deposing XRP during the 2017 bull run.  The Ether (ETH) cryptocurrency currently has a market cap of over $490 billion after its price surged to set a new all-time high above $4,000.

In comments made on Thursday 21 October at the DC Fintech Week, the Ripple exec also claimed that the SEC's approach was based on "outdated" laws. He also wondered why a former official at the agency had found it easier to say Ethereum was not a security, yet SEC Chair Gary Gensler cannot make the same pronouncement.

Garlinghouse's comments come at a time Ripple is battling the US watchdog's charge that XRP is a security illegally sold by Ripple Labs and the company's top brass. The company has also faced class-action lawsuits before.

Despite these events, more XRP holders feel the SEC has unfairly targeted Ripple, a view Garlinghouse also holds. According to him, there almost 50,000 holders of the token "are trying to sue the SEC for 'protecting them'."

Tartışma, mahkemenin XRP sahiplerinin amicus curiae veya mahkemenin arkadaşı olmalarına izin verdiğini gördü. Ancak Ripple ve SEC davasını ele alan aynı yargıç, token sahiplerinin davaya sanık olarak katılamayacaklarına karar verdi.

XRP, 67 Ocak 3.40'de tüm zamanların en yüksek seviyesi olan 7 dolara ulaştığından bu yana değerinin yaklaşık %2018'sini kaybetti. Ancak şu anki fiyatının 1.11 dolar civarında olması, değerinin son 27 günde %30'den fazla ve %340'tan fazla arttığı anlamına geliyor. geçen yılın bu zamanlarından bu yana artış var.