That’s major news! If the SEC is proposing a settlement with Ripple, it could signal the end of the long-standing legal battle over XRP’s status as a security. A positive settlement would remove regulatory uncertainty for XRP, potentially driving massive demand.
However, the $29.19 valuation per XRP seems speculative. While it suggests extreme optimism, such a price would depend on significant factors like market adoption, partnerships, and overall sentiment in the crypto space.
What’s your take on the impact of this potential settlement on the broader crypto market?
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