The prolonged court battle between Ripple and the Securities and Exchange Commission has been one of the major suppressants for the price of XRP. Since the case began in December 2020, XRP diminished in value, mostly trading between $0.4 - and $0.7.
However, recent partial victories coupled with the forthcoming resignation of Gary Gensler, the SEC chairman, has sent the tokens price above the $1 mark, the highest point reached in three years.
Edo Farina, the CEO of Alpha Lions Academy, and a notable figure in the XRP community, recently dropped a tweet with an audacious prediction that caused a stir. According to him, XRP is poised to smash $10 if the emergency settlement between Ripple and the SEC turns out to be true.
This post first appeared on 36crypto.com News.
