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The Ripple-SEC case has come to an end. Yesterday, Ripple CEO Brad Garlinghouse said in a statement that the SEC has withdrawn its objection.
While the decision still needs the commission's approval, the move marks the end of a years-long lawsuit that has negatively impacted the company's U.S. operations.
While the $XRP price moved after the Ripple CEO's statement, analysts commented on the impact of the end of the SEC-Ripple case on the $XRP price.
At this point, analysts noted that the end of the SEC case, Ripple's progress, possible regulatory changes, and increasing adoption are important factors for the $XRP price.
Accordingly, B2BinPay CEO Arthur Azizov predicted that the $XRP price will be between $5 and $7 in the first half of 2025. The CEO attributed this rise in the $XRP price to $XRP being chosen for reserve by Trump, the end of the SEC case, and Ripple making significant progress in the global payment sector.
XTB analyst Hani Abuagla has predicted a wider price range for $XRP. He argues that the price could reach a level between $5 and $100, citing the SEC lawsuit victory and possible regulatory relaxation under a Trump administration as the reason for his bold prediction.
Bitget Research analyst Ryan Lee also offered a more conservative forecast. Lee expects the $XRP price to range between $1.80 and $8.40, with $10 being possible. At this point, Lee notes that $10 and above is dependent on increased adoption and the resolution of ongoing regulatory hurdles.
A bigger prediction came from the famous lawyer John Deaton, founder of CryptoLawUS. Deaton claimed that $XRP could become the second largest cryptocurrency, surpassing Ethereum. Deaton said that he is confident that the SEC will approve $XRP ETFs, which could lead to further price appreciation and result in it surpassing ETH.
Although analysts' predictions are bullish, the future of the $XRP price remains uncertain. At this point, it remains unclear whether these predictions will come true, and the expected rise continues to depend on various factors.
*This is not investment advice.