Despite ongoing legal battles with the SEC, Coinbase has reintroduced XRP trading in New York, making it available to 20 million residents in partnership with the state. This move is seen as a victory for Ripple, which has been accused of illegally selling XRP. The decision by Coinbase could have a significant impact on the price of XRP, which is currently trading at $0.52. However, investors should keep in mind that investing in cryptocurrencies is speculative and comes with risks.