According to TechFlow, John Deaton, a lawyer who supports XRP, said that the U.S. Securities and Exchange Commission (SEC) has less than 3% chance of winning completely, while Ripple has a 25% chance of winning. He also predicted a 50% chance that the ruling will be a compromise.
If the ruling finds that XRP was offered as an unregistered security before 2018, it would be a “line in the sand” moment. However, according to the Hinman filing, cryptocurrencies can transition from securities to commodities when they become sufficiently decentralized.
In addition, Deaton also predicted that the price range of XRP tokens after the positive ruling would be between $2 and $10. He pointed out that the final ruling of Judge Torres will be made no later than September 30 this year.
In addition, there are rumors that Ripple may conduct an IPO after the lawsuit is over. According to a June 2 tweet from Fox Business reporter Eleanor Terrett, Ripple held a "road show" to meet with underwriters and other investors to gain interest in a potential public offering.
