CandleFocus Pro-XRP Lawyer Says Ripple Could Easily Pay SEC Penalty—Here’s How
2024-11-30
Author: Content Editor
Ripple's recent sale of 200 million XRP tokens could potentially cover the penalty from its SEC lawsuit three times over, according to a pro-XRP lawyer. The lawyer also claims that XRP's market cap may have already surpassed Solana's, as market tracking platforms are underreporting its actual value. Ripple's XRP has become the fifth-largest cryptocurrency, with a market cap close to $109 billion and a price of $1.91. Despite ongoing legal challenges, Ripple's ability to generate substantial revenue through XRP sales demonstrates its financial security. Additionally, the lawyer points out a miscalculation in XRP's market cap calculations, suggesting that it has already surpassed Solana in value.
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