Oregon’s recent lawsuit against Coinbase is shining a spotlight on XRP, alleging it is an unregistered security. This lawsuit lists XRP among 31 assets sold in violation of state law, positioning it against the backdrop of an ongoing legal battle with Ripple. Despite the recent Ripple settlement, this new lawsuit raises questions about the asset’s regulatory status and its implications for the market. As legal developments unfold, investors should prepare for potential volatility in XRP’s price as it contends with these challenges.