XRP Not Deemed a Security, Polygon Proposes "Polygon 2.0"
Jul 13, 2023
Market Update Crypto markets are sharply rising after a judge has ruled that Ripple’s sales of $XRP do not constitute an offer of investment contracts. $XRP is up 35% following the announcement, and $BTC (+2.41%) has surpassed $31k and $ETH (+3.46%) is nearing $1,950. $MATIC (+9.80%) is outperforming today after a proposal was submitted to make MATIC a multipurpose token used to validate multiple blockchains. The proposal would have the token rebranded to $POL and would span all the Polygon protocols including Polygon PoS, zkEVM, and Supernets. The below figure shows the potential new archi