XRP's Future Looks Bright Amidst SEC Lawsuit and Price Surge.
TL;DR Summary
Open interest in XRP futures market has surged to $800M as investors hope for a Ripple victory in its legal battle against the SEC, which could spur more risk-taking in the broader market and potentially lead to an "alt season" where alternative cryptocurrencies outperform bitcoin and ether. XRP has rallied 57% since March 22, reaching a ten-month high of $0.584. A win for Ripple could solidify XRP's legality in the US market and drive a price rally, while a loss could rekindle risk aversion and impact other altcoins subject to more regulation.
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- Here’s the Next Target for XRP Beyond $0.60 (Ripple Price Analysis) CryptoPotato
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