XRP has seen a 7.5% increase in price over the past week, with a current market valuation of $25.97 billion. This is likely due to the community's anticipation of a favorable ruling in the ongoing legal battle between Ripple and the U.S. SEC. While there is no official verdict date, Ripple's CEO is confident that a decision will come within weeks. Pro-XRP lawyers speculate that the summary judgment decision will favor Ripple and XRP holders, potentially leading to the coin being listed on U.S.-based exchanges and causing its price to surge.
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XRP Surges 7.5% Amid Expectations of Favorable Ruling in SEC v. Ripple Legal Battle
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