Ripple (XRP) is undoubtedly one of the leading tokens to exist in the current cryptocurrency space. The token has fought its way to reach the top of the radar and has spent the majority of its year fighting a heated legal battle with the US SEC. Now, with the token being part of Trump’s crypto reserve, will the US SEC finally dismiss the highly anticipated XRP case and liberate XRP from all legal barriers and shackles?
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Ripple: New Developments
Ripple is currently one of the most trending crypto tokens to exist in the space. The token is now a crucial part of Trump’s crypto strategic reserve, which outlines the importance of the token on an administrative level. At the same time, Ripple is currently part of the budding ETF narrative, with firms eager to explore and launch XRP ETFs to woo consumers and investors on a larger scale.
Such developments point towards Ripple’s undefeated stance, which continues to rake in popularity with each passing day. At the same time, the current US SEC regime under Mark Uyeda is currently on a pardoning spree, dropping cases against major crypto firms like Coinbase and Kraken. This development is also fueling speculation about the US SEC finally dropping its case against Ripple, which may usher in a new price era for the token to be a part of.
Adding more to the speculative fire, Fred Rispoli, a notable lawyer on X, shared his opinion on the aforementioned matter recently. Rispoli stated how “it’s reasonable to speculate” that the US SEC may finally announce the case resolution or declare a significant development before Ripple’s filing deadline, which is April 16, 2025.
“Although there is no formal reason requiring it, it is reasonable to speculate that the SEC v. Ripple case is resolved—or at least something significant happens—before Ripple’s filing deadline of April 16, 2025. Let’s keep an eye on it…and hope.”
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How High Can the Token Surge Post Its Case Dismissal?
Per ChatGPT, XRP may surge to hit the $3.50 to $5 price range in a short-term scenario. This price may be driven by factors such as broader adoption rates and increased institutional interest. At the same time, GPT also outlines XRPs mid-term growth. The portal predicted the token hit $5 to $7 depending upon its global partnerships and its steady adoption rate.
The long-term price prediction includes GPT stating XRP soaring as high as $10.
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