The Ripple v. SEC case is potentially reaching a conclusion, according to pro-Ripple lawyer Jeremy Hogan. He believes that while important hearings are still pending, the outcome of the case can be anticipated. The case could settle before the final judgment or proceed with appeals, with the SEC indicating its intention to appeal. Hogan gives the chances of winning the appeal at 14.2%. Ripple aims to exempt certain transactions and legitimate business expenses from penalties. The SEC has faced difficulties in pursuing crypto firms, and the outcome of these court battles may shape the US government’s stance on digital assets. Meanwhile, Ripple continues to expand internationally, with most of its business taking place outside the US. Additionally, there is speculation that XRP’s price could rise significantly, with the possibility of reaching $10, as XRP whales and sharks accumulate the cryptocurrency.
AI Sentiment: Positive
