$XRP Skyrockets as SEC Drops Case – Can Ripple Hit $100?

$XRP Skyrockets as SEC Drops Case – Can Ripple Hit $100?

Ripple vs SEC Lawsuit Ends: XRP Price Surges – What’s Next for $XRP?

In a major win for the crypto world, the U.S. Securities and Exchange Commission (SEC) has officially dropped its long-standing lawsuit against Ripple. This legal battle, which began back in 2020, has cast a shadow over XRP’s growth—but now, things are looking brighter than ever. The announcement has already sparked a strong price rally, with XRP gaining over 10% in value, reigniting bullish sentiments across the market.

SEC vs Ripple: 4-Year Legal Drama Comes to a Close

The SEC had previously accused Ripple of selling XRP as an unregistered security, worth $1.3 billion. Although a 2023 court ruling stated that XRP isn’t considered a security on public exchanges, sales to institutional investors were still under scrutiny. Now, in a game-changing decision, the SEC has chosen to drop the case entirely.

Ripple’s CEO, Brad Garlinghouse, called this a “historic win,” emphasizing that Ripple has always operated transparently. “We stood our ground because we knew we were right,” he said during a press conference in New York. He also criticized the SEC for targeting crypto firms without clear regulatory guidelines, despite no harm being caused to investors.

This move is part6 of a broader shift in the SEC’s approach toward digital assets. Similar cases against Coinbase, Robinhood, and Uniswap have also seen relaxed enforcement, hinting at a more favorable outlook for crypto.

Why Is XRP Price Rising Today?

Following the SEC’s announcement, XRP’s price surged by 8.44% in just 24 hours, currently trading at $2.48. The coin’s market cap has skyrocketed to $144.45 billion, with a massive 212.53% spike in trading volume. The rally even pushed XRP’s valuation ahead of Ethereum for a brief moment, making headlines across the crypto space.

Source: CoinMarketCap

XRP Price Prediction – Can It Reach $100?

Crypto experts at QuikNotes believe XRP’s legal clearance could open doors for massive growth. While some analysts foresee the price hitting $5 in the near term, a few long-term projections even suggest a potential rally toward $100, driven by market confidence and global adoption. Although speculative, such predictions are gaining attention as XRP’s fundamentals grow stronger post-lawsuit.

What’s Next for Ripple XRP?

Ripple is rapidly expanding its global footprint and securing regulatory approvals. Recently, it became the first blockchain-based payment company to receive full authorization from the Dubai Financial Services Authority (DFSA)—a move that cements its position as a leader in the crypto-fintech space.

Adding to the momentum, XRP has been included in Donald Trump’s crypto reserve portfolio, highlighting its growing influence in mainstream finance.

With whispers of an XRP ETF in the pipeline and increasing institutional interest, the future is looking incredibly bullish for Ripple. Combined with the SEC’s softened approach and political backing, XRP could be gearing up for its next major breakout.

Final Thoughts

Now that the legal hurdles are out of the way, Ripple XRP is finally free to grow without limitations. Whether you’re a long-term holder or a new investor eyeing the next big opportunity, XRP’s journey from courtroom to crypto stardom is just getting started.

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