The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has significantly influenced XRP’s market performance. As the case nears its final resolution, analysts are hypothetical about its potential impact on the token’s price. Ripple vs. SEC: Legal Developments and Market Impact The lawsuit, which began over four years ago has been a major source of uncertainty for investors. Despite a final ruling from Judge Analisa Torres in August 2023, the SEC pursued an appeal in October 2024, prolonging the legal process. The case has been a critical factor in the token’s price movement, with many attributing its underperformance to the ongoing litigation. However, market analysts believe a definitive end to the case could trigger a substantial price surge. The token has remained relatively stable around the $3 mark since mid-January, but projections suggest that a favorable resolution could push the asset to new highs. Analyst Predicts $10 Price Edward Farina, Head of Social Adoption at XRP Healthcare, recently shared his price prediction for the token once the legal battle reaches a definitive conclusion. He suggests that once regulatory authorities confirm the lawsuit’s resolution, XRP could rally to $10 , a price level it has never reached. Currently, the token is trading at $3.02, meaning a rise to $10 would represent a 231% increase from its current valuation. Historical price movements indicate that such a surge is within the realm of possibility. For instance, between November 5 and December 3, the asset experienced a 480% increase, driven by market excitement following Donald Trump’s election victory. Past legal victories have resulted in substantial price gains. Following Judge Torres’ ruling in July 2023, XRP’s price doubled in a single day, rising from $0.4692 to $0.9479—a 103% increase. These instances highlight how legal clarity can drive the token’s price growth, thus supporting the projection. Additional Market Predictions and Speculation Beyond Farina’s forecast, other analysts also maintain bullish expectations for XRP. Last month, market observer Alex Clay reaffirmed that the token remains on an upward trajectory, setting a long-term price target of $10. Farina has previously advised investors against selling XRP below this level, emphasizing the potential regret they might experience if they exit the market prematurely. These predictions reflect a broader sentiment within the community that the lawsuit’s conclusion could unlock significant value for the asset. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Potential for a Settlement and Case Resolution While the final judgment in the Ripple-SEC case was issued in August 2023, the legal battle continues due to the SEC’s appeal. In response, Ripple has filed a cross-appeal, thus, extending the case’s timeline. Some industry analysts speculate that a settlement could be reached under new SEC leadership . The regulatory body’s recent removal of the Ripple lawsuit from its list of active cases fueled speculation that a resolution might be imminent. However, it was later clarified that this removal was due to the case being moved to the court of appeals, rather than an actual settlement. Given the lawsuit’s significant impact on the asset’s valuation, market participants continue to monitor legal developments. If a settlement or final ruling favors Ripple, it could provide the regulatory clarity necessary for the token to achieve its long-anticipated breakout. The outcome of the Ripple-SEC lawsuit remains a crucial factor influencing the native token’s future trajectory. Analysts, including Edward Farina and Alex Clay, anticipate that a definitive resolution could propel the asset to $10, representing a substantial increase from current levels. While the case’s conclusion time remains uncertain, historical trends suggest that legal clarity often drives positive market movements. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Predicts XRP Price After Ripple-SEC Case’s Resolution appeared first on Times Tabloid .
