XRP cryptocurrency surges on positive legal outlook.

XRP cryptocurrency surged over 11% in the last 24 hours as investors grew hopeful that Ripple, a company closely associated with the token, would win its prolonged legal battle with the U.S. Securities and Exchange Commission. Ripple submitted a supplemental notice pointing to a ruling in a separate case concerning Binance.US' rescue plan for collapsed crypto lender Voyager Digital, which the judge approved citing the "vagueness" of the regulator's arguments. The SEC accuses Ripple of breaching U.S. securities laws by selling XRP without first registering it with the regulator. Ripple contests the SEC's allegations, maintaining the view that XRP should be considered a digital currency rather than a security.