🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Is a big market for XRP coming? The lawsuit between the US SEC and Ripple may be settled before April or May, and XRPSpotETF is being followed.
The new chairman of the United States Securities and Exchange Commission (SEC) is about to take office, which may become a turning point in Ripple's long-standing legal disputes, and the market holds high expectations for the future development of XRP. (Background: XRPStable CoinRLUSD countdown: Will Ripple splash out to start a customer grab? Background: XRP (Ripple) announces the launch of 'XRPL EVM' Sidechain in 2025, what are the features?) With the current SEC chairman Gary Gensler confirmed not to stay, the market expects the legal disputes between Ripple and the SEC to come to an end in 2025. It is believed that the new team may bring a more crypto-friendly regulatory stance, especially the policy orientation during the Trump administration may re-emerge, creating more favorable conditions for Ripple. Further reading: Trump officially nominates Paul Atkins as the new chairman of the SEC, what is his stance on Cryptocurrency? The SEC lawsuit with XRP is expected to be settled or withdrawn. Ripple CEO Brad Garlinghouse expressed optimism about working with the new SEC team, leading the market to speculate that the lawsuit is likely to be settled or withdrawn. Legal analyst Jeremy Hogan predicts that the case may end as early as April or May 2025, but procedural requirements may delay the timeline. However, the overall atmosphere indicates that the case may have a crucial impact on XRP. Before the new team takes office, the current SEC is expected to submit a court statement on January 15th, attempting to influence the direction of the case before the team transition; however, it is generally believed that the new management will bring a more favorable development environment for Ripple. Approval of XRP ETF and market effects If the Ripple lawsuit has a favorable outcome, in addition to accelerating the approval of XRP ETF, institutions such as Bitwise will benefit from the market confidence brought by clear regulations, and are expected to attract more institutional participation. Further reading: XRPSpotETF is coming? Analyst asserts: Bitwise's chance of passing the review is close to zero. XRP coin price surged by over 25% in a week. In the past week, the price of XRP coins gradually rose from about $2.01 to a peak of $2.48, then fell back to around $2.40, with an overall increase of over 25%. Related reports XRPStable CoinRLUSD countdown: Will Ripple splash out to start a customer grab? XRP (Ripple) announces the launch of 'XRPL EVM' Sidechain in 2025, what are the features? SEC rejects Ripple's request to reduce fines! Reason: Different nature from the 'LUNA incident' settlement〈XRP big market is coming? The US SEC lawsuit with Ripple may end before April to May, XRPSpotETF is followed〉This article was first published on BlockTempo, the most influential blockchain news media in Block.