All These Altcoins Are Skyrocketing, Crypto Bullish Movement Has Started?
<p> "Wow, investors must be happy today, yes, all crypto prices just went up."</p><p><br /></p><p>The entire cryptocurrency market is currently rejoicing with the huge victory obtained by Ripple (XRP) in the case of the Securities and Exchange Commission (SEC), where the price of altcoins including XRP saw a significant surge.</p><p><br /></p><p>Cardano (ADA), Solana (SOL), Polygon (MATIC) and Stellar (XLM) were among the cryptos that climbed the highest by 25% to 50% immediately after Judge Analisa Torres defined XRP as a non-security.</p><p><br /></p><p>There is no denying that the SEC has labeled all three digital assets as securities, but XRP's positive results have put hope among investors that altcoins may soon be free of security status.</p><p><br /></p><p><br /></p><p>SOL which rose over 42% over the last week has now surged by 32.43% at $28.77 in the last 24 hours, so some crypto analysts expect the price to jump 20 times in the future.</p><p><br /></p><p>The price of ADA is reported to have risen 25.19% at $0.38, followed by MATIC including XLM, which respectively strengthened by 18.24% and 57.54% to break through the $0.85 and $0.15 zones.</p><p><br /></p><p>While Ethereum (ETH) strengthened up to 7.44% at the level of $2,009 in the last 24 hours with a market capital of $241 billion while Dogecoin (DOGE), Polkadot (DOT) and Avalanche (AVAX) generated gains of over 10%.</p><p><br /></p><p>Not only that, Chainlink (LINK) currently also crosses $7.30 with a jump of around 14.81% after hovering above the $6 level throughout the last week and $4.76 on June 10, 2023.</p><p><br /></p><p>After the settlement of the lawsuit, some pro-crypto legislators have already proposed to turn the XRP Summary Judgment into a follow-up law it is one of the developments that can determine that tokens are different from investment contracts.</p>
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