XRP Ascends From 2021 Lows as SEC Proclaims XRP Digital Commodity: Report

XRP Ascends From 2021 Lows as SEC Proclaims XRP Digital Commodity: Report

Source: UToday

Published:14:39 UTC

BTC Price:$70204.8

#XRP #Ripple #SEC

Analysis

Price Impact

High

The sec acknowledging xrp as a digital commodity, rather than a security, is a significant regulatory shift. this could attract institutional investors and reduce legal uncertainties, leading to substantial price appreciation.

Trustworthiness

Med

Price Direction

Bullish

The news suggests a positive regulatory environment for xrp, potentially leading to increased adoption and investment. the analyst's call for a 'strong buying opportunity' also indicates a bullish sentiment.

Time Effect

Long

Regulatory clarity and the subsequent influx of capital typically have a sustained positive impact on asset prices, rather than being a short-term pump.

Original Article:

Article Content:

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. "Strong buying opportunity for XRP" SEC acknowledges XRP as digital commodity Advertisement Crypto analyst and trader Ali Martinez has published a post to point out a “strong buying opportunity” presented by XRP to the community at the moment. This analysis came out after U.S. regulators, the SEC and CFTC, acknowledged XRP and other cryptocurrencies as nonsecurity assets. You Might Also Like Wed, 03/18/2026 - 05:34 XRP Officially Recognized as Non-Security in New SEC Guidance By Alex Dovbnya HOT Stories Hard Truth About $1 Billion XRP Treasury by CryptoQuant Expert; -199 Billion SHIB: Shiba Inu Coin Sees Exchange Supply Squeeze; Coinbase Opens Perpetual Access to Apple, Amazon and Others: Morning Crypto Report Crypto Market Review: XRP Takes Beating at $1.50, Did Shiba Inu Lose All Hope for $0.00001? Dogecoin's (DOGE) Price Reset Point Is Clear "Strong buying opportunity for XRP" Martinez shared a multiyear XRP chart, showing that Ripple-affiliated cryptocurrency XRP has been gradually ascending from lows hit in 2021. This is clearly visible on the chart. The asset has been following a trendline, showing the current XRP/USD exchange rate near the $1.46 level as potential support. Advertisement “This trendline could offer a strong buying opportunity for XRP,” he argues. This trendline could offer a strong buying opportunity for $XRP ! pic.twitter.com/rdyxCeal1s — Ali Charts (@alicharts) March 20, 2026 SEC acknowledges XRP as digital commodity As reported by U.Today, two days ago, the SEC, in collaboration with the CFTC, issued a press release announcing a crucial turning point in its policies regarding digital currencies. Unlike the previous SEC administration run by Gary Gensler, the regulator headed by Paul Atkins has now announced that certain cryptocurrencies are no longer considered digital securities. Advertisement Aside from Bitcoin and Ethereum, which were named commodities for over a decade now, XRP is now on the list of nonsecurity assets as well. Such popular cryptos as BCH, LTC, XLM, ADA, SOL, HYPE and even meme coins, DOGE and SHIB, are also on that list. The Ripple chief legal officer, Stuart Alderoty, commented on that announcement, saying that the Ripple team has never had a single doubt about XRP not being a security. The news coincided with XRP growing already at the start of the week, and it peaked on Wednesday at the $1.60 level, which comprised growth of roughly 14%. However, after that, the price reversed, slumping by 11.27%. Over the past 24 hours, XRP slightly pared its losses and is changing hands at $1.45 at the time of this writing. #XRP #Ripple News