Ripple on the brink of victory: What is happening in the case against the SEC?
Ripple is close to a significant victory in its case against the U.S. Securities and Exchange Commission (SEC), which has been ongoing for over four years. Reports indicate that the SEC may close the case, which would be a turning point not only for the company itself but for the entire cryptocurrency industry.
The reason for the delay in the agreement
According to information published on the social network X (formerly Twitter) by Fox Business reporter Eleanor Terrett, the delay in reaching a final agreement is related to Ripple negotiating more favorable terms for settling the case. The company aims to achieve the most favorable outcome that will strengthen its legal position and create a precedent for the entire industry.
History of the dispute
The conflict between Ripple and the SEC began in December 2020 when the regulator accused the company of illegally selling XRP tokens as unregistered securities. The SEC claimed that Ripple violated securities laws by raising billions of dollars through the sale of its tokens.
Ripple, for its part, has stated that XRP is not a security, but a currency, similar to Bitcoin and Ethereum, which places it outside the SEC's jurisdiction.
Possible consequences
If Ripple manages to finally settle the case and come out victorious, it will have far-reaching consequences:
For Ripple: The company will gain the opportunity to operate freely in the U.S., strengthening its reputation as one of the leaders in blockchain technology.
For XRP: The token may gain new momentum for growth as the uncertainty that has been hindering its development in the U.S. market disappears.
For the crypto market: Ripple's victory will create an important legal precedent that will help other crypto companies defend themselves in similar disputes with regulators.
What to expect next?
At this point, the market is closely watching the developments. A decision in the Ripple-SEC case may be announced soon. XRP investors and enthusiasts have high hopes for a favorable outcome that could change the game in the cryptocurrency market.
Great, got it!
Here is a draft news notice/post for social media with a price forecast for XRP:
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XRP: new horizons or a temporary respite?
Against the backdrop of a revival in the crypto market, the XRP token is once again attracting the attention of investors. In recent weeks, the asset has shown resilience despite overall volatility.
Analysts note: if XRP remains above the key support level around $0.50, a rise to $0.65–$0.70 is possible in the next month. In the case of a breakout upward, targets may shift to $0.80. However, under unfavorable conditions, a pullback to $0.45 also remains a risk scenario.
The future of XRP largely depends on the outcomes of the court proceedings and the overall market sentiment.
We are following the developments!
