The Hinman documents, released on Tuesday, were considered a very important gain in favor of Ripple in the ongoing lawsuit between Ripple and the US Securities and Exchange Commission (SEC). The documents released shortly before the conclusion of the case raised hopes that Ripple could win the case even if it did not reach a settlement with the SEC. As a matter of fact, the disclosure of the documents brought with it a surge in XRP price, which climbed above $0.56 at the beginning of the week.

The conclusion of the case is eagerly awaited by XRP investors, as it will significantly affect the market trend of the cryptocurrency. Some analysts are already making predictions about what the XRP price will be if Ripple wins the case.
Kralow presented his perspective on the observed growing interest among participants in the cryptocurrency market. According to data from Google trends, searches for XRP have doubled in the past month. Kralow also pointed to an increase in the curiosity of global traders, and set a price target of at least $10 to $30 for XRP if Ripple wins the case.
A decision in the case is expected before September 30 this year.
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