#XRPUSDT🚨 According to the market expert, the decision of the Ripple vs. SEC lawsuit is imminent and he explains the reasons for this insight,
Market expert Abraham has announced that the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has entered its final stages,
According to Abraham, the case is about to end and will result in a “regulatory breakout” that will benefit the cryptocurrency
$XRP ,
Abraham said in a post that market participants are watching the final chapter of the Ripple vs. SEC lawsuit and that XRP will emerge not only free but also in a preferred position,
Abraham explained that both parties have temporarily suspended their appeals, which confirms that they are ready to settle and make a final decision,
The two have filed a joint petition in which they are asking Judge Analisa Torres to lift the consolidation imposed against Ripple and reduce the civil penalty to $50 million be reduced, which according to Abraham would be a symbolic victory and would show that Ripple has won the case.
Abraham is confident that Judge Torres will soon issue her final decision that will declare XRP outside the security category.
After this decision, all market institutions that were previously hesitant will get the green light to invest, which Abraham calls a “regulatory breakout” moment, which will end the legal hurdle on
$XRP .
Furthermore, Abraham says that the approval of XRP exchange-traded funds (ETFs) is also possible soon, as these funds have now entered the public comment phase and based on the current legal situation, clarity and market demand, there is a more than 90% chance of their approval in 2025.
These ETFs will open the door to institutional investment and increase the global utility of XRP, where the underlying demand will be higher than retail speculation.