XRP has officially made a comeback on BitBuy, one of Canada’s most trusted and widely used cryptocurrency trading platforms. This relisting marks a significant milestone in XRP’s resurgence, representing the second major exchange in recent months to reinstate trading for the digital asset. The move comes amid growing optimism in the crypto community as the long-standing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) nears a pivotal conclusion.
The return of XRP to BitBuy is more than just a technical update—it's a strong signal of renewed confidence in the asset’s regulatory clarity and long-term viability. As institutional and retail interest continues to build, exchanges are reassessing their stance on XRP, paving the way for broader market reintegration.
From Delisting to Relisting: A Quiet but Meaningful Shift
BitBuy initially removed XRP from its platform over two years ago, following the SEC’s December 2020 lawsuit against Ripple. At the time, the exchange cited regulatory uncertainty as the primary reason for delisting, aligning with several other global platforms that took similar actions.
What makes this relisting notable is its quiet execution. Unlike the formal announcement that accompanied the original delisting, BitBuy chose not to issue any public press release or social media update when XRP returned. The reintroduction went largely unnoticed—until Mason Versluis, a respected voice in the XRP community, spotted the change and shared it on social media.
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His post quickly gained traction, prompting users to verify the update directly through the BitBuy mobile app. Confirmation soon followed: XRP is now fully supported again, with deposit, withdrawal, and trading functionalities restored. Additionally, BitBuy has updated its official Crypto Assets Statement to reflect XRP’s reinstatement, indicating a deliberate and合规 (compliant) decision rather than a technical oversight.
This silent but strategic relisting suggests that BitBuy has conducted thorough internal reviews and legal assessments, concluding that the risks associated with listing XRP have diminished—likely influenced by recent court rulings favoring Ripple.
XRP’s Market Performance: Bulls Eyeing Key Resistance Levels
As of the latest market data, XRP is trading at $0.47. The asset recently attempted to突破 (break above) the 20-day exponential moving average (EMA) at $0.48 on July 11 but was met with strong selling pressure from bearish investors.
For bullish momentum to return, XRP must successfully surpass two critical resistance levels:
- The 20-day EMA at $0.48
- The 50-day simple moving average (SMA) at $0.49
A breakout above these levels could trigger renewed buying interest, potentially propelling XRP toward $0.55 in the short term. If market sentiment remains positive and trading volume increases, a move toward $0.58 becomes increasingly plausible.
On the downside, if bearish pressure intensifies and the current price level collapses, XRP may test support at $0.45. However, the most crucial support zone lies at $0.43, a level that has proven resilient in past downturns. Historically, strong buying activity has emerged near this range, suggesting that dip buyers remain active and confident in XRP’s long-term value.
Why This Relisting Matters for the Broader Crypto Ecosystem
The return of XRP to BitBuy isn’t just good news for holders—it reflects a broader shift in how digital assets are being evaluated in light of evolving regulatory frameworks.
Key factors contributing to this trend include:
- Positive legal developments in the Ripple vs. SEC case, including rulings that certain XRP sales do not constitute securities offerings.
- Increased regulatory clarity, encouraging exchanges to reassess compliance risks.
- Growing demand from Canadian investors seeking exposure to high-potential altcoins.
BitBuy’s decision sets a precedent that could influence other North American exchanges still hesitant to relist XRP. It also reinforces the idea that well-established cryptocurrencies with transparent use cases and ongoing development can withstand regulatory scrutiny.
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Frequently Asked Questions (FAQ)
Q: Why was XRP delisted from BitBuy in the first place?
A: XRP was delisted in 2021 due to regulatory uncertainty following the SEC’s lawsuit against Ripple Labs, which claimed that XRP was an unregistered security.
Q: Does BitBuy’s relisting mean XRP is no longer considered a security?
A: Not definitively—but recent court rulings have clarified that programmatic and retail sales of XRP do not meet the definition of securities under U.S. law, reducing compliance concerns for exchanges.
Q: Can I trade XRP on BitBuy right now?
A: Yes. XRP trading, deposits, and withdrawals are fully operational on both the web and mobile versions of BitBuy.
Q: Is this relisting related to the outcome of the Ripple vs SEC case?
A: While the final judgment is pending, BitBuy’s decision likely reflects growing confidence in Ripple’s legal position following favorable rulings in 2023 and 2024.
Q: Are other major exchanges expected to relist XRP soon?
A: Several institutions are monitoring the situation closely. With increasing regulatory clarity, more exchanges—especially in North America—are expected to consider relisting in 2025.
Q: How does this affect XRP’s price outlook?
A: Each relisting adds upward pressure by expanding access and liquidity. Combined with positive legal momentum, this supports a constructive medium- to long-term price outlook.
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Final Thoughts: A New Chapter for XRP
The reinstatement of XRP on BitBuy symbolizes more than just a platform update—it represents a turning point in the digital asset’s journey toward full market reacceptance. With legal headwinds subsiding and investor confidence returning, XRP is regaining its position as a key player in the global crypto economy.
As regulatory frameworks mature and institutional adoption grows, assets like XRP that combine utility, scalability, and legal resilience will continue to stand out. For traders and long-term holders alike, staying informed and agile is essential in navigating this dynamic landscape.
Whether you're tracking price movements, exchange updates, or legal milestones, one thing is clear: XRP’s comeback story is gaining momentum—and platforms like BitBuy are helping write the next chapter.