XRP market capitalization surpasses $20 billion amid anticipation for SEC verdict on Ripple lawsuit

The market capitalization of Ripple’s XRP token has surpassed $20 billion, a level not seen since the FTX hit the market over two months ago. Data from PricePrediction shows that at the time of the article’s publication, XRP is trading at $0.4091 and has gained 18% since the start of 2023. Ripple CEO’s Statement on Lawsuit Resolution: In a recent interview, the CEO of Ripple Labs, Brad Garlinghouse, expressed hope for a resolution of the two-year-long lawsuit against the SEC in the first half of 2023. He stated that Ripple is optimistic about its chances given the law and facts