The launch of Cardano’s [ADA] much-awaited Mithril mainnet is drawing closer, the protocol recently hinted. ADA’s price surged as much as 25% following the news of Ripple [XRP] securing a partial victory in its legal battle with the U.S. Securities and Exchange Commission (SEC) on 13 July. But it has dropped quite a few cents since then. The U.S. District Court of the Southern District of New York ruled in its judgement that the sale of Ripple’s XRP tokens on crypto exchanges and though programmatic sales did not constitute investment contracts; hence, it is not a security in this case.