XRP Could Rise Significantly After SEC and Ripple Settlement

After over four years of litigation, the U.S. SEC may soon dismiss its lawsuit against Ripple, suggesting a favorable outcome for XRP.

Under acting Chair Mark Uyeda, the SEC has dropped several cases, yet Ripple’s lawsuit remains ongoing due to a permanent injunction on XRP sales to institutional investors.

Crypto journalist Eleanor Terrett reports that Ripple is negotiating with the SEC to lift this injunction, increasing market anticipation for XRP’s price movement post-settlement.

Potential XRP Surge Post-Settlement

With a resolution possible, investors expect a bullish reaction for XRP. After a July 2023 ruling that XRP was not a security, its price jumped 101%. Historical patterns suggest that a settlement could yield an even larger rally, influenced by market sentiment and institutional demand.

Price Predictions After Settlement

ChatGPT generated three potential price scenarios: 1. A 101% rise would push XRP to $4.48. 2. A 150% increase could bring it to $5.58. 3. If the market rallies, a 200% surge could see XRP reach $6.69.

Factors affecting XRP’s price post-settlement include regulatory clarity, market conditions, and investor behavior. However, analyst Dom warns that anticipated settlements may lessen their impact on prices, suggesting the focus will be more on Ripple.