XRP's Future: Navigating the SEC-Ripple Legal Maze

SEC vs. Ripple case and SEC plans to appeal the Programmatic Sales ruling pressured XRP.

The court ruling could influence market sentiment toward the SEC vs. Ripple case.

 Sound arguments against Ripple’s opposition brief could raise expectations of a punitive disgorgement and injunction.

An injunction could materially impact Ripple’s expansion plans for the US market and demand for XRP.

After the May 6 filing, the court will decide on the penalty size and whether an injunction is appropriate.