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Cryptocurrency News Articles

Ripple vs. SEC: Legal Developments and Market Impact

Feb 02, 2025 at 04:08 am

The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has significantly influenced XRP's market performance.

Ripple vs. SEC: Legal Developments and Market Impact

The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has had a significant impact on XRP’s market performance. As the case nears its final resolution, analysts are speculating about its potential effect on the token’s price.

Key Points:

* A final ruling in the Ripple-SEC case was issued in August 2023, but the SEC filed an appeal.

* Some analysts predict that XRP could rise to $10 once the lawsuit is definitively concluded.

* Past legal victories and periods of market excitement have led to substantial price increases for XRP.

* Despite projections of a settlement, the SEC has clarified that the Ripple case remains active.

After four years of legal wrangling, Judge Analisa Torres issued a final ruling in the Ripple-SEC lawsuit in August 2023. However, the SEC filed an appeal in October 2024, continuing the legal saga. The case has been a major source of uncertainty for investors, and many attribute XRP’s underperformance in the market to the ongoing litigation.

As the case nears its final resolution, some analysts are speculating about its potential impact on XRP’s 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 before.

Currently trading at $3.02, a rise to $10 would represent a 231% increase from its current valuation. While such a surge may seem improbable, historical price movements indicate that it is within the realm of possibility. For instance, between November 5 and December 3, the asset experienced a 480% increase, largely driven by market excitement following Donald Trump’s election victory.

Moreover, past legal victories have also 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 of a potential surge to $10.

Beyond Farina’s forecast, other analysts also maintain bullish expectations for XRP. Last month, market observer Alex Clay濤涛不禁 yeniden affirmed 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. If a settlement or final ruling favors Ripple, it could provide the regulatory clarity necessary for XRP to achieve its long-anticipated breakout.

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. Earlier this year, the regulatory body updated its list of active cases, notably removing the Ripple lawsuit. This sparked rumors of an impending resolution.

However, a recent inquiry by Law360 revealed that the case’s removal from the SEC’s active case list was due to its transfer to the court of appeals, rather than an actual settlement. This clarification浇灭了 any hopes of an immediate conclusion to the legal saga.

Given the lawsuit’s impact on the asset’s valuation, market participants continue to monitor legal developments closely. 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.

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