Ripple CEO Brad Garlinghouse has expressed confidence that the company's lengthy legal dispute with the U.S. Securities and Exchange Commission (SEC) will be resolved "very soon." This optimistic statement, made during a recent Bloomberg interview, has contributed to a surge in the price of XRP, Ripple's native cryptocurrency.

The recent uptick in XRP's price can be attributed to speculation surrounding a potential settlement between Ripple and the SEC. A closed-door meeting between the two parties is scheduled for next week, fueling hopes that a favorable outcome may be imminent. This optimism has been further bolstered by data from analytics firm Santiment, which reveals a significant increase in activity on the Ripple ledger and the creation of new addresses.

The surge in activity on the Ripple ledger and the creation of new addresses suggests a heightened sense of interest and engagement within the XRP community. This increased activity may be a testament to the community's anticipation of a positive outcome in the ongoing litigation. As the legal battle nears its resolution, the XRP community remains hopeful that a favorable verdict will pave the way for increased adoption and growth.

Garlinghouse's optimism regarding the legal battle's resolution has undoubtedly contributed to the recent surge in XRP's price. As the CEO's words carry significant weight, his confidence in a swift resolution has likely alleviated some of the uncertainty surrounding the company's future.

In conclusion, the expected swift resolution to Ripple's legal battle with the SEC has fueled a surge in XRP's price, driven by speculation and increased activity within the XRP community. As the legal dispute nears its conclusion, the cryptocurrency market remains hopeful that a favorable outcome will propel XRP to new heights.