
Attorney Fred Rispoli suggests Elon Musk integrate XRP into X Payments to challenge regulators.
Crypto trader Doctor Profit predicts XRP could hit $16-$20 if Ripple and SEC work on an ETF.
Ripple's recent court win pushed XRP’s price to a four-month high of $0.66.
Ripple’s win against the SEC has shaken the crypto world, lifting XRP’s market price to reach a four-month high of $0.66. Following the court’s decision, which clarified that XRP itself is not a security. This has opened the door for potential new partnerships and integrations.
How does Elon Musk come into the picture here? What can you expect ahead? Here’s a look.
A Golden Opportunity for Elon Musk?
Attorney Fred Rispoli has hinted that Elon Musk
Elon Musk
Elon Musk is a well-known entrepreneur and inventor, widely recognized for his role in founding or leading several major companies, including Tesla, SpaceX, Neuralink, and The Boring Company. He’s also known for his ambitious goals around space exploration, electric vehicles, and the future of humanity.
Musk is often a polarizing figure, admired for his innovation and vision, while also drawing criticism for his management style and controversial statements. The U.S. became the primary base for Musk’s career, and the tech scene in California played a significant role in shaping his professional trajectory.
Personal Info:Organization: Ledger.Location: United States.Graduation: Musk earned two bachelor’s degrees, one from the College of Arts and Sciences in Physics and another from the Wharton School of Business. In Economics
Experience: Zip2 Corporation, Co-founder
X.com and PayPal Co-Founder & CEO
SpaceX CDEO & Chief Engineer
Tesla. Inc. CEO, Product Architect
Neuralink co-founder, CEO
The Boring Company Founder, CEO NAsales@teslamotors.com EntrepreneurInvestorChief Executive Officer might capitalize on Ripple’s legal victory by integrating XRP into his X Payments platform. According to Rispoli, this could be a strategic move for Musk to make a bold statement against regulatory pressures while harnessing XRP’s renewed credibility in the market.
Rispoli has publicly urged Musk to incorporate XRP into X Payments, suggesting that this move would reinforce Musk’s stance against the SEC and leverage the cryptocurrency’s newfound market strength. Such a decision could further legitimize XRP, expanding its use case and positioning Musk as a defiant innovator in the financial sector.
Rispoli also believes that X Legal, under the leadership of Adam, would likely support this strategic move.
Market Optimism at New High!
Following a favorable ruling for Ripple, XRP’s price surged nearly 18% today. If Musk acts on Rispoli’s suggestion, it could boost market optimism further. However, Musk has not yet responded to the proposal.
XRP ETF Coming Soon?
Adding to the bullish sentiment, top crypto trader Doctor Profit has speculated that Ripple and the SEC might be quietly working on an XRP ETF. He predicts that XRP could reach between $16 and $20 within a year, although in a more conservative scenario, the price might land between $4 and $7.
Currently, XRP’s price has risen by 19.37% in the last 24 hours, reaching $0.62. Additionally, there has been a significant 47.40% increase in XRP’s futures open interest and a staggering 474.34% boost in derivatives trading volume, suggesting a possible upward trend for XRP in the market.
Also Check Out: XRP News Today: Ripple’s Settlement May Trigger the Launch of an XRP ETF
This could be the beginning of a new era for XRP. Stay tuned.