The post If XRP Lawsuit Ends, How High Could Ripple Price Go? appeared on BitcoinEthereumNews.com.

The long-running XRP lawsuit has been on the investors’ radar this year, with a flurry of developments sparking market discussions. Besides, with pro-crypto Paul Atkins gearing up to replace the current US SEC Chair, Gary Gensler, the optimism further soars indicating a potential surge in Ripple price ahead. Besides, it also fueled speculations over a potential drop of the Ripple Vs SEC case, with the January 15 deadline approaching for the SEC to file an opening brief in the 2nd Circuit Court of Appeals. What Happens if US SEC Drops The XRP Lawsuit? The XRP lawsuit is one of the long-running cases in the crypto space and has gained notable traction from investors lately. However, with Donald Trump’s election win in November, the market sentiment remained high over a potential pro-crypto regulatory environment in the US. In addition, it also fueled speculations about whether the incoming US SEC chair Paul Atkins would dismiss the Ripple vs SEC case ahead. Notably, the current US SEC Chair, Gary Gensler, whom many deem an anti-crypto regulatory, will leave his position in January. In addition, Trump’s inauguration on January 20 has further bolstered market sentiment. Now, as the crypto-friendly Paul Atkins is set to replace Gensler, the market sentiment remained positive over a potential drop in the Ripple case. Notably, pro-XRP lawyers like Bill Morgan, Jeremy Hogan, Fred Rispoli, and others, have also indicated a potential dismissal of the legal case under the incoming US SEC chair. On the other hand, the January 15 deadline for the US SEC to file its opening brief in the 2nd Circuit Court of Appeals is also approaching. Simultaneously, Ripple CTO Stuart Alderoty also called for an end to the ongoing XRP lawsuit, which has further fueled speculations in the market. This has also sparked discussions over its…

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Filed under: News - @ December 30, 2024 9:15 am