Ripple has been caught in an ongoing legal battle against the SEC for almost three years now, and it seems Chris Larsen and Brad Garlinghouse are fully committed to fighting the regulatory agency until they get a decisive victory.
While the XRP community is eager to see the latest developments in the case, here are three things that could cause Ripple (XRP) to explode in 2023.
Ripple Wins: Judge Torres Denies SEC Appeal
If Judge Analisa Torres denies the SEC appeal against Ripple, not only could it possibly bring price appreciation for XRP but also push regulators and lawmakers across different jurisdictions in the US to work on a clear and thorough regulatory framework for cryptocurrency assets.
Back in July, XRP surged over 70% after Judge Torres stated that XRP is not a security. The SEC immediately moved forward to appeal the ruling, stating that this decision could affect other cryptocurrency-related cases.
However, these cases are nowhere similar to Ripple’s, considering how
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