XRP has been classified as a global commodity alongside traditional assets like gold and oil under a new framework by the U.S. SEC and CFTC. This classification positions XRP as a non-security, emphasizing its role as a utility digital commodity asset. The updated regulatory framework, announced on Wednesday, includes XRP among major tokens such as Bitcoin and Ethereum, reinforcing its status as a functional asset rather than a security. The inclusion of XRP in the global commodity class is seen as a significant shift in market perception, suggesting that institutions and regulators may begin treating it differently. The framework highlights that digital commodities derive their value from decentralized systems and market dynamics, distinguishing them from securities. While the market has yet to fully price in this development, the XRP community is optimistic about its long-term impact, despite some criticism regarding the inclusion of meme coins like Dogecoin and Shiba Inu in the same list.