Ripple's President, Stuart Alderoty, has expressed hope that the company will win its ongoing legal battle with the Securities and Exchange Commission (SEC) over the status of XRP. Alderoty has also predicted that a decision in the case will be pronounced in the coming months.

XRP proponent and crypto researcher, Leonidas Hadjiloizou, has pointed out that the Ripple Data API, which provides crypto exchanges and data aggregators with information about XRP's circulating supply, has not been updated since February 12. While Leonidas maintains that it is not a significant problem, he notes that failing to fix it would mean that crypto exchanges continue reporting erroneous figures. The finding has prompted calls for the XRP Ledger Foundation (XRPLF) to take over the maintenance of the API, as reflected by a poll made by Hansen.xrp. The Ripple Data API and XRP's circulating supply have been subject to controversy in the past, with Messari alleging in 2019 that Ripple's quarterly reports and the Ripple Data API offered misleading information.

The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) over XRP is waiting for the U.S. District Court to announce a Summary Judgment, which is expected to make or break Ripple's native crypto, XRP price ahead. Attorney John Deaton, who is involved in the XRP lawsuit, has suggested that a ruling in the case is closer than it appears and could be announced within the next few weeks. He added that a judgment may even be announced this week. Deaton also stated that XRP currently holds the most attractive risks/reward ratio for investors, and even if the SEC wins, Ripple and the defendants can appeal in court and gain the status quo.

As we approach a ruling in the United States Securities and Exchange Commission (SEC) case against Ripple, speculations about its potential implications on the price of XRP have soared. In a tweet yesterday, Attorney John E. Deaton, who represents thousands of XRP holders as a friend of the court in the extended legal battle, lent his voice to these speculations.

Ledger says scammers are posing as its employees to steal users’ XRP. 

In a recent newsletter, Fortune Crypto Editor Jeff John Roberts asserted that Ripple has finally found a long-term value proposition for the company and XRP, the native token of the XRP Ledger.

John E. Deaton, the founder of CryptoLaw and the attorney representing thousands of XRP holders in the longstanding Ripple-SEC legal tussle, believes the SEC would take similar enforcement actions against other United States-based exchanges. According to him, the potential SEC v. Coinbase lawsuit would raise the crypto Fair Notice Defense to a higher level. 

A popular cryptocurrency analyst has predicted that the “next stop” for the price of $XRP, the native token of the XRP Ledger, may soon reach the $0.57 mark, which would represent an upside of around 32% from the cryptocurrency’s current price tag of around $0.42.