The long-running lawsuit between Ripple and the SEC is nearing its conclusion, as the SEC has withdrawn its objection, according to Ripple CEO Brad Garlinghouse.
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While final approval is still pending, this development marks a significant milestone in the case, which has hindered Ripple’s U.S. operations.
Ripple’s announcement led to a spike in XRP’s price, with analysts suggesting that the end of the case, coupled with Ripple’s progress and potential regulatory changes, could significantly impact XRP’s value.
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B2BinPay CEO Arthur Azizov forecasts XRP could reach between $5 and $7 by mid-2025, driven by the SEC case’s resolution and Ripple’s global payment advancements.
Other analysts, like XTB’s Hani Abuagla, predict a much wider price range, from $5 to $100, citing potential regulatory shifts under a new U.S. administration.
Bitget Research analyst Ryan Lee offered a more conservative estimate, with XRP ranging from $1.80 to $8.40, potentially reaching $10, dependent on adoption and regulatory clarity.
John Deaton, founder of CryptoLawUS, believes XRP could even surpass Ethereum in market value, should the SEC approve XRP ETFs. Despite the optimism, the future of XRP remains uncertain, hinging on various factors including legal and regulatory outcomes.
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Alexander Stefanov
