The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) regarding the sale of XRP tokens is expected to be resolved in 2023. The outcome of this case is significant for both Ripple and XRP investors, as a negative ruling could result in XRP being classified as a security, leading to regulatory scrutiny and potentially affecting its price.
Financial experts have predicted that XRP's value by the end of 2023 could be around $0.5, with the highest possible price being about $0.54. Factors that could determine the future of XRP include the resolution of the SEC lawsuit, increased adoption by financial institutions, and favorable regulatory developments.
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