XRP Price Prediction As SEC Officially Ends Ripple Case
Main Idea
The SEC has officially ended its case against Ripple, leading to a notable price surge for XRP, with AI predictions suggesting potential future price increases contingent on market adoption and institutional involvement.
Key Points
1. The SEC's case against Ripple concluded after nearly five years, causing XRP's price to surge over 12% within 24 hours.
2. XRP's price reached $3.35 post-announcement but remains below its 2018 peak of $3.84.
3. AI platforms like ChatGPT and Grok predict XRP could reach $5 by 2026, $10 between 2028-2030, and $20 with significant market adoption.
4. Ripple's acquisition of Rail and partnership with BNY Mellon aim to integrate its technology with traditional finance.
5. XRP's market cap would need to rise to $600 billion for a $10 valuation and exceed $1.2 trillion for $20, requiring large-scale adoption of Ripple's payment solutions.
Description
The prolonged legal dispute between Ripple and the United States Securities and Exchange Commission (SEC) has officially ended after nearly five years. On Thursday, both parties filed a joint motion to dismiss their respective appeals, effectively concluding the case. Ripple’s Chief Legal Officer confirmed that the company will now redirect its attention toward expanding business operations. Following the announcement, XRP experienced a notable surge of over 12% within 24 hours, reaching $3.35 b...
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