What to expect from $XRP only slightly increased its price today. With the decision made by the Securities and Exchange Commission (SEC) to dismiss the appeal filed last January under the presidency of Gary Gensler, the Ripple case is still not closed.
Although Brad Garlinghouse, CEO of Ripple, stated that "the case is over and done with," pending legal matters remain in a lawsuit that has been ongoing for more than four years.
In fact, part of the litigation is still ongoing, as what the SEC has done is dismiss an appeal that it would present before the courts on April 16. Gensler's idea was to overturn the ruling that established that Ripple did not violate securities laws with XRP sales on exchanges.
We will have to wait until April, but if you can keep buying, I believe we will see good results.
