XRP Price Soars Amid Ripple's Legal Battles and Altcoin Season Hopes
TL;DR Summary
A favorable outcome for Ripple in its ongoing legal battle with the SEC could result in XRP price gains of 100% or more, according to a crypto executive. The case could also have implications for the regulation of other cryptocurrencies. On-chain metrics suggest a willingness to realize profits in the short term, while Coinbase has called for a fit-for-purpose regulatory regime focused on outcomes. Meanwhile, Hashdex has an easy path to approval for a crypto product in the US once the SEC offers clarity.
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