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What will be the outcome of Ripple's legal battle with the SEC by the end of 2025?
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Resolution / Starting Odds
Complete victory for Ripple • 25%
Partial victory for Ripple • 25%
Complete victory for SEC • 25%
Settlement reached • 25%
Court ruling or official settlement announcement
Story
XRP Reaches $3.37 All-Time High, Surges 455% Amid Legal Optimism and ETF Speculation
Jan 16, 2025, 12:46 PM
Ripple's XRP cryptocurrency has surged to a new all-time high, reaching $3.37, marking a 455% increase over the past quarter. This significant price jump has been driven by several factors, including potential positive developments in Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), the launch of Ripple's stablecoin RLUSD, and speculation around a possible XRP ETF approval. XRP's trading volume has doubled to $34 billion, with futures open interest hitting a record $7.7 billion. The cryptocurrency has also reclaimed its position as the third-largest by market capitalization, surpassing $170 billion, behind only Bitcoin and Ethereum. The market sentiment has shifted with changes in SEC leadership, fostering optimism for a more crypto-friendly regulatory environment. XRP's 240% quarterly rally has propelled it to these new heights, with the market cap climbing to $170 billion.
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Ripple wins - XRP not classified as security • 25%
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