Ripple price has been trading within a tight range in the past couple of days. In the meantime, the former head of the U.S. Commodity Futures Trading Commission (CFTC) noted that Ripple’s XRP is “not a security”. Fundamental analysis: XRP is a currency, not a security Christopher Giancarlo, the former president of the U.S. CFTC believes that Ripple’s XRP should be seen as a currency rather than a security. “The increased adoption of XRP as a medium of exchange and a form of payment in recent years, both by consumers and in the business-to-business setting, further underscores the utility of

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