A closed-door meeting is scheduled for today between the SEC and Ripple, and could result in an outcome of the lawsuit.
A withdrawal of the SEC’s appeal could trigger institutional adoption and pave the way for a Ripple IPO, opening up new opportunities in the cryptocurrency market.
The meeting will address critical issues related to the Ripple lawsuit and enforcement proceedings, which are significant for Ripple and XRP holders.
A favorable outcome could lead to an XRP rally and unlock major opportunities for Ripple, including the potential for a Ripple IPO and the approval of XRP-based Exchange Traded Funds.