Do you think the XRP lawsuit will actually end soon, and how high do you think XRP Lawsuit could go if it does? There is not any confirmed news on the latest developments between Ripple and the SEC, but An X user has addressed rumors that Judge Analisa Torres may deliver a ruling or approve a settlement this weekend. The post is buzzing on internet and creating chaos among the XRPcommunity.
Source X
To this X post Mark Fagel replied “a deal this week end is not likely to happen and that it's too early to make any expectations”. He also clarified that The decision to bring the Ripple case was not influenced by Gensler. He has nothing to do with it.
Source X
Rumors of a potential Ripple v. SEC settlements before July 14 are buzzing the Ripple community all around the X. The lawyer made it clear and loud in every post on X . Since the SEC hasn't responded to Ripple's request to be dismissed the community is becoming uneasy. Although the SEC's latest closed-door meeting has increased the excitement, attorneys maintain that there is no reason to think a weekend settlement is imminent.
Fagel stated that a settlement or decision from the court would not happen immediately, especially over the weekend. He emphasized that Judge Torres currently has no jurisdiction over the XRP Lawsuit and there is no pending motion before her. The SEC hasn't filed to dismiss the appeal yet, and the case is now in the SEC's court, requiring internal voting and formally withdrawing the case. This step-by-step process makes a quick weekend settlement highly unlikely.
A formal announcement on the outcome of the XRP Lawsuit may be the key catalyst to drive the market further up!
Source Coinmarketcap
The price surges 7% in 24 hours, reaching $2.78, with market cap reaching $165B. Will Ripple's lawsuit victory fuels momentum, with $3 likely next. Santiment data shows the number of whales has just hit an all-time high as the price continues to rally.
Source X
The coin reached a 4-month high of $2.97 today, fueled by network growth, new wallet creations, and increased retail interest on social media. The number of large whales has reached a record high, with the asset's price rising 10%, signaling strong bullish momentum and a positive sign for the asset's future performance.
The XRP lawsuit is nearing its end, with the SEC expected to withdraw its appeal after an internal vote. Despite the legal battle, this altcoin is making waves among crypto investors, with bitcoin reaching all-time highs and Ethereum booming with institutional buying, indicating altcoin season is here.
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