Uniglo and SOL Could Skyrocket Together With Ripple (XRP)

Two years ago, the Securities and Exchange Commission (SEC) accused Ripple of being unregistered security, which resulted in the suppression of XRP’s accurate price.

The case seems to be near its end and we have analyzed what this means for Ripple, Uniglo.io, and Solana.

The case against XRP

The SEC claims Ripple passed the Howey Test, which determines if an asset can be classified as a security, and therefore broke the law.

To pass the Howey Test, an asset must meet these specific conditions in the investment contract:

• An investment of money,
• In a common enterprise,
• With the expectation of profit,
• To be derived from the efforts of others.

From the beginning, Ripple has denied meeting these conditions and ultimately being a security, as its ICO never included an investment con