🚀 XRP defies market downturn, surges 6% to $0.47! 🎉 Despite a 1.5% dip in the global crypto market cap, Ripple's XRP is making a comeback from its one-year low.
🔍 Why the surge? Speculation is rife that Ripple's lengthy lawsuit with the SEC may soon be resolved. Lawyers predict a possible outcome this month, with a penalty of no more than $25 million.
👨⚖️ Disagreements persist on the penalty size, with Ripple insisting on a sum no larger than $10 million. The SEC initially sought a whopping $2 billion, accusing Ripple of conducting an unregistered securities offering via XRP sales.
🤔 Curious about the lawsuit's potential impact on XRP's price? Let's discuss below! #XRP #CryptoNews