We can neither prove that it is impossible nor possible true. But there is at least as much evidence pointing to it being possible as not. Actually more so IMO.
That is not so. To believe that it isn't possible requires no reasoning because there's no reason to suppose it is. Like Voice said, Russell's Teapot. To believe that it IS possible (your case), we have to rationalize how a galaxy full of engineers who work on hyperdrives don't know that they're working on planet-destroying bombs the whole time and also, why someone willing to destroy a planet would not make use of such technology to do so when it's many orders of magnitude cheaper than building a Death Star. Or why the Rebels would bother with trench runs and disabling shields when they could just pop a ship into the middle of one.
In short, they're not equally possible. One requires nothing extra to assume is the case, the other requires a tonne of rationalization and contorted supposition.
We now know that ships can hyperspace deep into gravity wells.
We also know that they can bypass planetary shields while in hyperspace
Yes to both of these, but neither says anything about causing planet wrecking explosions.
We don't know what the destructive effect of a ship in hyperspace hitting a planet has in canon but when it happens in Legends the effect is devastating.
Legends isn't canon, however. And if that's how it is in Legends, then it makes little sense.
Maybe someday they will show us what the effect is in canon, maybe they won't but discounting the idea because it hasn't been shown happening in canon yet seems very flimsy to me.
That's not why it's discounted as explained above. You don't just assume something exists because no-body has says it doesn't.
Edited by knasserII