Ripple Labs won a court case that declared XRP is not a security, leading to a significant increase in the token's market price. However, Ripple CTO David Schwartz warned investors of potential scams that may arise as a result of the hype.

XRP has surpassed Binance's BNB in market cap rankings for the first time in two years, taking fourth place behind USDT, ETH, and BTC. This comes after a New York judge ruled that XRP sales were not securities through secondary markets, causing a surge in XRP futures open interest and a doubling of its daily closing price.

Several US crypto exchanges, including Coinbase, Gemini, and Kraken, have announced that they will relist XRP following Ripple's legal victory against the US Securities and Exchange Commission (SEC). Binance.US and Crypto.com have also joined in, with the latter offering trading in XRP with over 20 fiat currencies.

Ripple's General Counsel, Stuart Alderoty, has clarified that the sales of XRP by the company's executives are not securities, following Judge Analisa Torres' ruling that XRP itself is not a security. Alderoty also stated that sales of XRP on secondary markets, as well as distributions to developers, employees, and charities, are not securities.

Binance.US has announced the addition of XRP to its list of available cryptocurrencies for trading. Deposits for XRP are now live, and trading on the XRP/USDT Advanced Trading pair will begin on July 14, 2023.

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.

A cryptocurrency whale with the wallet address "0xd275" is being investigated for suspicious transactions before the recent surge in XRP's price. The whale borrowed 10 million USDT from Aave and transferred it to Bitfinex 16 hours before the price spike, then withdrew 300 WBTC worth $9.4 million from Bitfinex seven hours before the surge.

Several cryptocurrency exchanges, including Crypto.com and Kraken Pro, have resumed trading in XRP following a mixed ruling from a US federal judge in the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC). The decision has been celebrated as a victory for the sector, but uncertainty remains as the case could still go to trial or be appealed.

Following a court ruling in favor of Ripple, XRP's price surged over 80% and broke through several resistance levels, including $0.65 and $0.80 against the US dollar. The price even reached a high of $0.9479 before correcting gains. XRP is still trading above $0.5000 and the 100-day simple moving average, with immediate resistance near $0.85 and major resistance near $1.

Ripple Labs' recent court victory against the SEC has been seen as a setback for the regulator's "war on crypto," but lawyers caution that it is not a definitive win for the industry or the company. The ruling determined that XRP is not a security when sold to the general public, leading to a surge in the token's price and optimism for crypto exchanges Coinbase and Binance in their respective lawsuits.