Summary of the Ripple-SEC Case Ending
In recent days, the outcome of the Ripple-SEC (Securities Exchange Commission in the United States) case regarding the Ripple cryptocurrency (XRP) has been announced. Ripple’s former CEO, Brad Garlinghouse, stated on a public platform that the SEC had withdrawn its initial rejection of a lawsuit in favor of XRP, marking the end of a 12-month long legal battle. This decision was initiallyRh expected to go through, but it is now deemed final, pending further scrutiny by the regulatory committee. As a result, the question of how this end may affect XRP’s U.S. operations remains unresolved among several analysts.
However, several key points can be inferred from the end of the Ripple-SEC case. Analysts predict that XRP’s price could rise to between $5 and $7 by the first half of 2025. This prediction is driven by analysts speculating that XRP was chosen as a reserve by Donald Trump, that the SEC case might have been ruled against by a judge, and that Ripple is moving forward in its global payment sector agreement. This suggests that the regrowth of XRP could be a significant driver in predicting future price movements.
XTB, a leading cryptocurrency exchange, has also made some predictions about XRP’s price. According to monitor Hani Abuagla, XRP could range from $5 to $100, with the reasons being the victory of the SEC case and potential regulatory changes under a Trump administration. This indicates that ongoing legal developments and regulatory reforms could play a significant role in shaping XRP’s price trajectory.
Moreover, Bitget Research, another crypt İnvest company, has offered a more cautious outlook for XRP. They predict that the eventual price could be as high as $8.40, ranging from $1.80 to $8.40. This narrower range could be due to factors like increased adoption of XRP and the progressive resolution of ongoing regulatory hurdles. However, this range remains uncertain, as these factors are not yet fully revealed.
Another piece of information from the legal community comes from the famous lawyer John Deaton, founder of CryptoLawUS. Deaton claims that XRP is likely to become the second-largest cryptocurrency, surpassing Ethereum, currently valued at around $25 trillion. He believes this is because the SEC might approve a class-action suit for XRP ETFs, which could lead to significant further appreciation and even overtaking the$25-trillion Ethereum.
Despite the positive outlook for XRP, the future remains uncertain. Analysts and researchers continue to monitor all developments, including closer-facility cases, regulatory changes, and the broader implications of the remarriage of雷霆 and Trump’s political stance. The expectation is that XRP’s price will see significant increases, but it is uncertain whether these predictions will come to reality. Additionally, the regulatory challenges ahead remain a key concern, as not all cryptocurrencies are expected to survive if regulations take hold. This uncertainty underscores the complex and fast-paced nature of the cryptocurrency market, where one decision can have far-reaching consequences for the broader cryptocurrency landscape.
