The Ripple VS SEC case is finally moving to the end to determine whether Ripple wins or loses the SEC case to secure the cryptocurrency category.
Explained, court cases to regulate cryptocurrencies will always increase, but Ripple who managed to survive for a long time in the battle against the SEC will point as one of the most important events in crypto history.
Looking at the current price movement of XRP, many shareholders are optimistic about Ripple's victory because over the past week, the price of XRP has jumped by 10% and this is a sign of market confidence in the crypto.
According to the CoinMarketCap price tracking platform, the price of XRP is at $0.3943, which is an increase of 4.84% in the last 24 hours, including Ripple (XRP) in the 7th position among cryptocurrencies.
Additionally, XRP trading volume has also increased significantly in the last few days. As proof, XRP is currently trading over $2.03 billion compared to a trading volume of $1.33 billion on September 16.
As a result, if Ripple wins the SEC case, the victory could potentially propel XRP to an all-time high.
The rationale is that the SEC vs. Ripple lawsuit is likely in the final phase when the case moves to summary judgment proceedings and the Securities and Exchange Commission may choose to settle the case.
