XRP Price Remains Stable Despite SEC Lawsuit Win, Analysts Urge Patience as Real-World Adoption Drives Future Growth

XRP's price remains stable despite the SEC lawsuit win, with analysts urging patience as real-world adoption drives future growth.

Experts believe that XRP’s price could surge to $8 and beyond, driven by several factors.

Following a turbulent period marked by the SEC lawsuit, which finally concluded last week, experts are predicting substantial growth for XRP in the long term. Despite the lawsuit’s closure and subsequent news of the SEC dropping its case, XRP’s price has remained relatively stable, much to the surprise of many.

Many anticipated a rapid surge in XRP’s price following the SEC lawsuit. However, despite the case being dropped and positive statements made by Ripple CEO Brad Garlinghouse and CLO Stuart Alderoty, XRP’s price movement has been rather muted.

After a brief 16% surge to $2.60 on Friday morning following the news, XRP quickly lost momentum and slid back to $2.38 by Saturday.

Explaining the lackluster response to the SEC lawsuit, crypto analyst Armando Pantoja notes that the commission has yet to release an official statement on the case closure.

Compared to the swift price reactions to news during the 2020 bull market, today’s market is moving slower, and investors seem less responsive to good news, at least in the short term.

However, crypto traders are used to seeing rapid price changes, especially with meme coins, which can experience significant spikes based on hype alone.

But when it comes to a token like XRP, which is heavily used in derivatives and attracts institutional traders, sudden, large-scale moves are less likely.

Many in the crypto sphere are expecting XRP to hit double digits, but Pantoja warns that it won's be a 10x rally overnight, like the ones meme coins have seen.

Due to the nature of institutional trading and derivatives, it takes time to build up the kind of momentum that would propel XRP to new highs.

“Don’t expect a 10x rally in 24 hours. It will come, but not that fast,” he adds.

With the lawsuit behind it, the next stage of XRP’s growth will be driven by real-world adoption, according to Krypto.

He highlights institutional investment, major partnerships, and expanding use cases, such as cross-border payments, as key factors that will drive XRP’s price up in the long run.

While XRP may not see significant price changes in the short term, many analysts see huge potential for the token in the long term, with some even predicting that in a strong bull cycle, XRP could climb to $8 or beyond.

However, with crypto markets remaining unpredictable, only time will tell what the future holds for XRP and other digital assets.