The crypto community remains on the edge as the deadline for the SEC's decision to appeal the Ripple lawsuit approaches. The SEC has not disclosed its intentions, creating uncertainty in the market.
Lawyers in the space, like pro-crypto advocate Fred Rispoli, have mixed opinions on the likelihood of an appeal, with Rispoli estimating a 60:40 chance in favor of the SEC filing an appeal. This uncertainty has kept XRP prices below last year’s high, indicating market volatility.
