Legal experts in the digital asset industry believe that the outcome of the SEC and Ripple case could have significant implications for the sector. Despite initial backlash against Binance and Coinbase following the lawsuit, crypto executives now view it as an opportunity to establish clear regulations.

The digital asset community is closely following both cases, with support for the exchanges and criticism of the SEC and Gary Gensler. A favorable ruling in the Ripple case could set a precedent for future decisions and potentially undermine the SEC's case against Binance and Coinbase. Some also speculate that there may be political motivations behind the SEC's actions.