TV personality Jim Cramer recently discussed the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) with SEC Chairman Gary Gensler. Cramer believes Ripple will emerge victorious, sparking debate among the XRP community. However, some skeptics point to Cramer's past incorrect crypto predictions, including advising investors to exit the market in December 2022, just before Bitcoin's 300% price surge.

The legal battle began in December 2020, with the SEC accusing Ripple of illegally raising $1.3 billion through an unregistered securities offering. Despite Ripple's three partial court victories in 2023, the case has yet to reach a final resolution. The outcome may significantly impact XRP's price, which has historically reacted positively to Ripple's court victories.

In other news, Ethereum has seen a 2% increase in the past 24 hours, reaching $3,865. This surge is attributed to the depletion of Ethereum reserves on exchanges and increased institutional investments in Ethereum-focused funds. The Ethereum ecosystem has experienced remarkable growth, with daily active users increasing ninefold over the past four years. As the market continues to evolve, the outcome of Ripple's legal battle and Ethereum's price movement will be closely watched by investors.

In conclusion, the legal battle between Ripple and the SEC continues, with Jim Cramer predicting a Ripple victory. However, Cramer's past incorrect predictions have left some investors skeptical. Meanwhile, Ethereum's price surge reflects growing investor sentiment and increased adoption. As the crypto market continues to fluctuate, investors remain cautious yet optimistic about the future of these altcoin giants.