In an unexpected turn of events, cryptocurrency XRP has witnessed an 8% value increase

This is it – the moment we've been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto

In a surprising move, cryptocurrency XRP has witnessed an 8% value increase during the past day following an announcement by Ripple’s Chief Executive Officer, Brad Garlinghouse.

“This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. The future is bright. Let’s build,” Garlinghouse declared via his X platform account, generating over 9 million views and igniting fervent discussion throughout the cryptocurrency sphere.

The declaration marks the culmination of a lengthy legal confrontation that began in December 2020, when the United States Securities and Exchange Commission (SEC) initiated proceedings against Ripple Labs. Throughout this turbulent period, XRP’s growth potential remained severely constrained by concerns that the token might receive a security classification, which would create numerous complications for institutional holders.

Now trading at $2.48 after experiencing a robust weekly gain of 10%, XRP appears positioned for substantial upward movement. This assessment gains further credibility from Polymarket betting patterns, which currently assign an 84% probability to XRP ETF approval—a figure that climbed 7% immediately following Garlinghouse’s revelation.

Regulatory Clarity Opens Floodgates for Institutional Adoption

The SEC’s decision to abandon its case against Ripple Labs represents more than just a legal victory—it establishes crucial regulatory certainty that could fundamentally transform XRP’s market position. Financial institutions and banking entities that previously hesitated to implement Ripple’s technology due to uncertain legal circumstances may now proceed with partnership agreements.

This newfound clarity creates fertile ground for XRP’s utility expansion, potentially triggering a series of significant commercial announcements in upcoming months as reluctant players finally commit to Ripple’s cross-border settlement solutions.

Technical Analysts Forecasts Breakthrough to $3.5

Examining XRP’s price charts reveals additional reasons for optimistic sentiment. According to financial analyst Greg Miller, XRP has been following a descending wedge pattern formation, with recent price movements confirming his earlier prediction that support levels would face testing in March before initiating a rally toward $3.5.

Having successfully tested support this week, XRP now advances toward the $2.7 trendline resistance. The fortuitous timing of the lawsuit resolution suggests this resistance level could be decisively broken, potentially accelerating XRP’s journey toward the $3.5 target within weeks.

Looking beyond immediate horizons, analyst ANBESSA projects even more ambitious outcomes, suggesting XRP could establish new all-time high valuations between $9 and $15.

While such extraordinary growth cannot be dismissed outright following the favorable legal resolution, context remains important—a $15 price point would establish XRP’s market capitalization at approximately $870 billion, exceeding corporate giants like JP Morgan ($673 billion) and Tesla ($739 billion).

Although XRP’s vision of becoming the dominant cross-border settlement infrastructure for financial institutions could eventually justify such valuations, current adoption metrics suggest more realistic near-term projections. Most market observers anticipate XRP reaching $3.5 shortly, with potential bull market peaks between $5 and $6. Under exceptionally favorable conditions, temporary testing of the $9 level remains possible.

These Emerging Cryptos are Also Set for Explosive Gains

For investors seeking returns exceeding XRP’s projected growth, two emerging cryptocurrencies have attracted considerable attention from market analysts and the retail sector.

Cryptocurrency traders increasingly view Solaxy as possessing 50x growth potential in the coming months. As the pioneering Layer-2 solution for Solana’s blockchain ecosystem, Solaxy aims to deliver dramatically improved transaction experiences—reducing costs while enhancing speed and reliability.

By addressing Solana’s network congestion challenges, Solaxy positions itself to capitalize on increased blockchain adoption throughout the ongoing cryptocurrency bull market. The project has already secured $27 million through its current presale phase.

Notable analyst Borch Crypto recently highlighted Solaxy’s immense potential in a video presentation, projecting 50x valuation increases following the presale conclusion:

This presale structure offers investors rare access to ground-floor participation in what could become a transformative element within Solana’s technology ecosystem. Additionally, early investors have the opportunity to stake their Solaxy tokens, earning an APY of up to 150%.

Another intriguing newcomer, BTC Bull Token, combines two powerful cryptocurrency concepts—meme coin community engagement and Bitcoin reward distribution. Operating on Ethereum’s blockchain, this project plans to distribute both BTC and BTCBULL tokens when Bitcoin reaches specific price milestones during its journey toward a $1 million valuation.

This includes real BTC airdrops at the $150,000 and $200,000 marks, as well as a BTCBULL airdrop at the $250,000 mark, where the project will airdrop 10% of its token supply.

Last but not least, the project employs a burn mechanism that triggers at $125,000, $1