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Major XRP News Expected On July 10 As SEC Weighs Ripple Appeal

  • The SEC is set to hold a closed-door meeting on July 10 to vote on dropping the appeal in the Ripple lawsuit, potentially leading to a bullish breakout for XRP.
  • Speculation suggests that the Ripple lawsuit may finally be concluded as the SEC agenda includes discussions on legal actions and litigation claims.
  • Ripple's CEO expressed intentions to drop the company's cross-appeal, but the SEC has not withdrawn its appeal yet, indicating that a resolution could still take time.
  • XRP's price could be influenced by the outcome of the SEC meeting, with Ripple CEO set to testify before the Senate on July 9 and growing pressure for clear crypto market rules.

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