Renowned journalist Charles Gasparino, who has been skeptical of XRP in the past, believes that the political shift caused by Donald Trump's election as president could be a game-changer for the cryptocurrency. Gasparino suggests that a new SEC under Trump's administration may drop the appeal against Ripple in the ongoing legal case. This shift in sentiment aligns with recent developments, including the resignation of SEC Chair Gary Gensler and pro-crypto commissioners retaining their positions. Gasparino remains cautious but optimistic about XRP's potential for financial gain. Ripple Labs has been seeing legal victories, and XRP's market performance has been strong, with a 200% surge this year. Gasparino's comments reflect a growing optimism among XRP supporters, who believe that a restructured SEC could create a more favorable regulatory environment for cryptocurrencies. The future of XRP and the broader crypto market will be shaped by ongoing legal battles and the evolving political landscape. Analysts predict that if conditions remain favorable, the XRP price could reach $8 or even $10 in the future.
- Content Editor ( cryptonewsz.com )
- 2024-11-28
SEC to Drop Ripple Lawsuit Appeal Soon, XRP Price to $10?