Ripple's CTO, David Schwartz, recently tweeted a cryptic "5," fueling speculation among XRP enthusiasts that it could signify a future price target of $5. This optimism stems from recent legal victories, including a ruling by Federal Judge Analisa Torres that XRP sales on secondary markets do not constitute securities sales. Last year, XRP briefly surged to $0.71 following this legal win. Additionally, the SEC lost a significant case initiated by Grayscale, leading to the approval of Grayscale's spot ETF along with others by regulators, including BlackRock and Fidelity. As of now, XRP holds the sixth position in terms of market capitalization, trading at around $0.63, experiencing a 6.05% growth in the past 24 hours, albeit reduced slightly afterward.

#HotTrends #XRP #LawsuitUpdate