The post XRP News Today: SEC Shakeup Could Propel XRP To $10 As Ripple Case Takes A Turn appeared on BitcoinEthereumNews.com.

The SEC’s legal battle with Ripple is heating up, and a major shakeup could change everything for XRP – a topic we’ll analyze further below. At the same time, Bitcoin still struggles as a practical payment method, but PlutoChain ($PLUTO) might be able to fix that with a hybrid L2 solution. Let’s look at the deets for both projects. XRP Price Prediction: Could a Major SEC Shakeup Push XRP Toward the $10 Mark? XRP is currently trading at around $2.41, down 0.21% in the last 24 hours. During this time, its trading volume has reached approximately $3.33 billion. A nonprofit watchdog, Empower Oversight, has filed a lawsuit demanding the release of an internal SEC report related to potential conflicts of interest. The focus is on former SEC official William Hinman, who had ties to Simpson Thacher, a firm connected to the Ethereum Enterprise Alliance. Critics argue that Hinman’s association may have influenced the SEC’s approach to crypto regulation, which raises concerns about bias in the case against Ripple. If this lawsuit uncovers damaging information, it could put the SEC in a difficult position and potentially force it to reconsider its appeal against Ripple. Hugo, a crypto analyst on X, believes XRP has confirmed a breakout and expects it to surge significantly once the bull run resumes, with a minimum target of $10. PlutoChain ($PLUTO) Is a Hybrid Layer-2 Upgrade That Could Finally Make Bitcoin a Fast, Affordable, and Everyday Payment Solution Bitcoin is one of the most valuable digital assets, but using it for everyday transactions isn’t easy. Many businesses don’t accept it, and since transactions can’t be reversed, handling refunds and disputes is a hassle. These challenges have kept Bitcoin from becoming a practical payment option. PlutoChain ($PLUTO) has a strong potential to change that. As a Layer-2 solution,…

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Filed under: News - @ February 10, 2025 9:18 pm