XRP Suppressed? Bitwise CIO Predicts Market Shock Post-Lawsuit

XRP Suppressed? Bitwise CIO Predicts Market Shock Post-Lawsuit
In an interview with the Paul Barron Network, Bitwise Chief Investment Officer (CIO) Matt Hougan expressed his perspective on the long-debated regulatory battle surrounding XRP and its potential market reaction once legal uncertainties are resolved. According to Hougan, the crypto asset—long restrained by litigation—may be significantly undervalued, with the potential for a sharp market correction following a favorable resolution to its legal entanglements. Since 2020, XRP has been entangled in a legal dispute with the US Securities and Exchange Commission (SEC), which accused Ripple Labs of conducting an unregistered securities offering. The lawsuit has cast a long shadow over the token, restricting its growth within the US market and leading to its delisting from several major exchanges in the past. Related Reading: Analyst Says Only Buy XRP If It Reaches This Level Now, with the lawsuit potentially reaching its final ruling by April 16, according to Barron, market participants are speculating on XRP’s future trajectory. Hougan weighed in on the matter, pointing out that a resolution could unlock significant latent demand and shift the narrat ..

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