Chances of XRP Winning the SEC Case:
1. Favorable Preliminary Judgment:
Ripple has reached an important ruling in 2023, when the court determined that XRP is not a security when traded on open exchanges. This is a positive precedent for Ripple in fighting the SEC's allegations.
2. Strong Legal Basis:
Ripple argues that XRP does not fully meet the Howey Test (used to determine whether an asset is a security). Furthermore, XRP is used for payments and transactions, not for investment, which reduces the possibility of being classified as a security.
3. Community Support:
Ripple has received strong support from investors, businesses, and the blockchain industry, creating positive pressure on the lawsuit.
4. Positive outcome for the crypto industry:
If Ripple wins the lawsuit, not only will XRP be removed from the securities asset list, but it will also create a clearer framework for other cryptocurrencies. This will promote the long-term development of the entire industry.
Conclusion:
With the current legal advantages and strong support, Ripple's chances of winning the lawsuit are very bright. However, investors should closely monitor the developments of the lawsuit to make appropriate decisions.$XRP $BTC $ETH