$XRP price Skyrocket as SEC Drop Case: Will Ripple Xrp Reach $100

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21 hours ago

Ripple XRP SEC News: Lawsuit Ends, Price Surges – What Next for $XRP?

Ripple XRP Sec Lawsuit Update: Price Skyrockets in a Game-Changing Win!

In a huge win for the crypto world, the U.S. Securities and Exchange Commission has finally dropped its lawsuit against Ripple! This marks the end of a long battle and opens the door for big things ahead. The case had been going on since 2020, creating doubts about Ripple XRP future. After the news broke, the price jumped over 10%, showing strong investor confidence.

SEC vs Ripple XRP lawsuit : A Four-Year Battle Comes to an End

The SEC said Ripple sold the coin without following the rules and called it an unregistered security worth $1.3 billion. In 2023, a judge ruled that the coin is not a security when traded on public exchanges, but sales to big investors did break some laws. The U.S. Securities and Exchange Commission first planned to appeal but has now decided to drop the case completely.

CEO, Brad Garlinghouse, said the decision was a big win while speaking in New York. He said, "It was a tough fight, but we always knew we were doing the right thing." He also criticized the SEC, saying no one was harmed and no investors lost money, yet the agency still chose to go after unfairly.

This move is part of a bigger change in how the SEC handles crypto cases. Lately, they have also dropped lawsuits against Coinbase, Robinhood, and Uniswap, showing that the government’s stance on digital assets may be shifting.

Why Is XRP Going Up Today?

After the case was dropped, price jumped 8.44% in 24 hours, reaching $2.48. The total market value grew up to $144.45 billion, while trading activity shot up by 212.53%. The coin’s overall value even surpassed Ethereum’s, making it a hot topic in the crypto world.

Xrp price chart

Source:CoinMarketCap

XRP Price Prediction : Could It Hit $100?

Cion Gabbar crypto experts believe that without legal troubles, coin could see even bigger gains. Some predict that it might reach $5 soon, while others think it could go as high as $100 in the long run. While these are just estimates, the end of the lawsuit makes it a stronger player in the market.

Bright Future Ahead, and What’s next?

XRP is expanding worldwide and gaining support from regulators. Recently, it became the first blockchain payment provider to get full approval from the Dubai Financial Services Authority. Also, the coin is already included in U.S. President Donald Trump crypto reserve , proving its importance in the financial world.

With the possibility of an ETF approval and more big investors showing interest, the future looks bright. The SEC’s softer stance on crypto, along with Trump’s support for digital assets, adds to the excitement. Now that the lawsuit is over, Ripple XRP is ready for a big leap in the fast-changing world of cryptocurrency.

Also read: Mavryk Faucet Update: Claim $MVRK and Get Your Free Tokens Today

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