After 4 years of long courtroom drama, Ripple’s legal fight with the SEC has finally come to an end. In a recent announcement, Ripple’s CEO Brad Garlinghouse announced that it dropped its cross-appeal against the SEC, and “closing this chapter once and for all.”
As soon as the news broke, XRP jumped more than 3%, and the crypto world lit up with one question: what’s next for XRP?
The Ripple vs. SEC battle started back in 2020 and made many people doubt XRP’s future. Now, with both sides dropping their appeals, Ripple has agreed to pay a $50 million settlement, much lower than the earlier $125 million.
This deal also removes the court’s restrictions on Ripple’s XRP sales to institutions, opening new business opportunities.
For XRP holders, this brings long-awaited regulatory clarity. Many now believe Ripple can focus fully on its goal of building the “Internet of Value,” helping money move as easily as information does today.
XRP’s price quickly jumped as the news spread. In the past few days, big XRP wallets, often called “whales,” added more coins, pushing total large holdings to about 5.8 billion XRP.
On top of that, network activity is up 400% since March, showing people are moving, trading, and using XRP more.
Some traders say XRP could soon test the $2.60 mark. If momentum keeps building, a push past $3 might not be too far away — but it depends on fresh catalysts.
Many eyes are now on the idea of an XRP ETF. Garlinghouse himself hinted that an ETF approval could come by mid-2025. Meanwhile, Prediction market Polymarket gives this an 78% chance.
If it happens, big investors could finally jump in, and that could push XRP’s price higher.
Some analysts believe XRP could rise between 100%–200% from here, possibly hitting $6.99 to $10 if an ETF or Ripple IPO happens. Others are more cautious, saying the current rally might cool off if no new news follows.
For now, XRP is trading around $2.20, showing a 5.5% rise in the past 24 hours. However, the price is facing strong resistance near $2.60. A clear breakout above $3 could happen if there’s positive news about an XRP ETF.
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