Garlinghouse expects the Judge to issue a summary ruling on the SEC vs Ripple case before the end of this year.
Ripple explained its current effort is to achieve carbon net zero by or before 2030.
The Ripple team is optimistic about a massive triumph over the SEC, despite the regulator’s victory in the LBRY case.
Following the announcement, among other fundamental factors, Ripple-backed XRP spiked over 20 percent in the last 24 hours to trade around $0.46.
Ripple coin XRP recently hit $20 billion due to the broader crypto market upswing from the banking crisis.
The Ripple chief had already earlier specified that the lawsuit with the SEC would reach a resolution in the first half of 2023.
The compromised Red Cross account stated that Ripple CEO Brad Garlinghouse has initiated an XRP airdrop.
Recently, another news of a clone of XRP, called the RP Classic (XRPC), has grabbed the attention of several investors. Many crypto participants are not aware of the suspicious activities of the XRPC token.
The Ripple boss hinted some optimism, stating that there may finally be a resolution to its legal battle with the SEC.
Ripple can perhaps acquire Ledger Holdings Inc from FTX at a lower price to help in its XRPL development plan.
Despite the headwinds, Ripple has not stopped staying relevant in the blockchain ecosystem and has maintained a very healthy business outside of the United States.
Since its launch in 2018 as an ERC-20 token, Stably has raised the standards of transparency and interoperability in the stablecoin industry.
Ripple published a new whitepaper explaining how the UK can take a lead in establishing crypto standards making it one of the attractive centers for the crypto industry, such as Dubai, Singapore, and the EU.
Judge Torres is doing all she can to leave no stone unturned in the lawsuit that has spanned close to 2 years now.
There are twelve different independent organizations currently pledging legal backing for Ripple.