The price of XRP has experienced a slight increase of 0.5%, reaching $0.523. This rise occurs amidst speculation regarding the SEC's appeal against Ripple. Lawyers believe that the SEC's recent appeal may face challenges, contributing to a positive sentiment around XRP's price.
Despite the appeal process, there's a growing sentiment among pro-XRP lawyers that Ripple could see a favorable resolution to its SEC case. The anticipation of this outcome is influencing XRP's price movement.
Investors are closely monitoring the case proceedings, as the conclusion could have significant implications for XRP's market performance. The legal opinions bolster confidence in XRP, albeit the price movement remains modest.
