Ripple's ongoing legal battle with the SEC could significantly impact the price of XRP. 🏛️ American lawyer Fred Rispoli stated that he could solve the case at the end of July and predicted a maximum penalty of $ 25 million for Ripple. In this case, it is estimated that the price of XRP may exceed $1. However, this will only be the case if the judges' decision is in favor of Ripple. 📈

On the other hand, due to the complexity of the legal battle and the possibility of both parties objecting, it may be necessary to wait longer for the result. The size of Ripple's potential fine is also a matter of debate. While the SEC aimed to impose a $2 billion penalty on the company, Ripple argued that this amount should not exceed $10 million. However, the SEC later reduced the requested amount to $102.6 million.