Ripple is on the path of claiming new milestones. It’s brewing innovative methods and ideas. Ripple, for example, has partnered recently with Unicambio in order to create robust cross-border payment between Portugal and Brazil. Questions about when the US SEC will finally conclude the ongoing Ripplele lawsuit are also gaining traction. In the wake of this news, Jeremy Hogan a legal expert has responded quickly, stating that Ripplele will soon be dismissed.
Please Read This: US Stocks: Who’s Winning—or Losing—2025 So Far?
Ripple vs SEC – What will be the outcome of this case?
US SEC. It has now been years since the Ripple vs. US SEC case began. Gary Gensler led the US SEC in accusing XRP as a financial instrument. This case was the one that attracted the attention of the mainstream media. Ripple declared victory in 2024 against many of the SEC’s accusations.
“What is seen as a clear victory for Ripple, the court issued a remedies order imposing a $125 million penalty for certain historic unregistered sales of XRP to sophisticated-party institutions—far below the unprecedented $2 billion in fines and penalties that the SEC requested.” Ripple Shared via Early Press release
An XRP account posted a question on X, which was highly anticipated, and asked legal expert Jeremy Hogan when the Ripple vs SEC case will be concluded. Hogan replied with a crystal-clear answer, saying that the case would be dismissed prior to the launch of XRP ETFs in the cryptocurrency space.
@attorneyjeremy1 likely the sec approves any xrp ETF’s before settling or dismissing case?
Chicken or egg?
Inquiring minds wanna know.
Thx
sp
— XRP Army News 1.XRP (@XRPArmyNews1) February 10, 2025
If that happens, XRP could be on the verge of a major rally. The token may even reach a new record high, possibly exceeding $4.
Please Read This: Cardano ADA Price: Expert Predicts Surge to $2.5, Here’s When
Token Analysis: A Technical Study
The Persistence of the People CoinCodexThe current price of XRP, $2.45 is expected to rise up to $3.95 by the end of May 2025.
“According to our current XRP price prediction. The price of XRP may rise by 64.49% and reach $ 3.95 by May 9, 2025. Per our technical indicators, the current sentiment is neutral while the Fear & Greed Index is showing 44 (fear). XRP recorded 15/30 (50%) green days with 11.43% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”
Please Read This: Cardano Jumps 15.7% In 24 Hours: Will ADA Hit $1 This Week?
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: watcher.guru
