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Coinbase achieved a significant legal victory as a U.S. District Court granted its motion for an interlocutory appeal against the SEC, halting the lawsuit while the case is reviewed by the Second Circuit. This decision aims to clarify whether digital asset transactions are subject to securities laws, a point of contention also seen in the Ripple case. The crypto community, including legal experts and industry leaders, celebrated the ruling as a pivotal moment for the ecosystem.
Legal expert Jeremy Hogan predicts that the SEC's lawsuit against Ripple could conclude by April or May of 2025, especially with the upcoming leadership change at the SEC. Despite the SEC's recent appeal against a favorable ruling for Ripple, Hogan believes the case's lack of fraud or investor harm may expedite a settlement. If resolved positively, XRP's price could surge, potentially reaching $4, surpassing its previous all-time high.
Solana's price is poised for a surge in 2025, potentially reaching $400, driven by optimism surrounding a spot ETF approval and recent market activity. Meanwhile, Ripple (XRP) faces competition from Remittix, a new PayFi solution enhancing cross-border transactions, which is gaining traction and could see a 5,000% increase in value. Analysts predict XRP may also benefit from a potential ETF approval by mid-2025, with expectations of its price hitting $10.
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