The Ripple vs. SEC case has solidified its reputation as one of the most historic cases ever encountered in crypto. Boasting its fair share of dramatic moments, the case is now busy tying loose ends, fueling speculation on Ripple XRP’s future and its price trajectory.
Despite being embroiled in a heated legal battle with the US Securities and Exchange Commission, Ripple did not stop interacting with other corporate verticals. The token continued to fare well globally, basking in incredible attention and loyalty, which ultimately helped it achieve stable price thresholds.
With news of the Ripple case ending soon, here’s what its token XRP may soon encounter and be exposed to in the long run.
Also Read: Ripple: Will the SEC’s $2 Billion Demand Trigger a Mass Exodus for XRP?
Ripple’s Future Prospects
With the Ripple vs. SEC case approaching its end, speculation is running rife on social media concerning the future of Ripple and its token XRP. The two-year-long legal battle was intense regarding proceedings for Ripple, but it did not stop the firm from expanding and magnifying its reach.
Post the court case dismissal, which seems imminent soon, Ripple may adopt a vigorous approach toward advancing its CBDC development. The firm may soon interact with leading global banks and financial institutions to solidify its financial prowess. Per a post by Jack Rippler, a notable crypto expert, Ripple has already been busy forging significant alliances with a “dozen of banks” to spearhead its cross-border payment initiative.
Also Read: Ripple: XRP to Break Past $6? This Analyst Thinks So
This development may seek credible momentum once the Ripple vs. SEC case ends on amicable or positive terms. Such prospects may also bolster XRP’s position as one of the leading coins driving global financial proceedings with considerable ease and accuracy.
What’s In Store for XRP?
With the current bull market phase in full swing, the season is yet to impact the XRP’s price momentum. The token is noting a gradual price ascent, with minor drops hindering its bullish breakout. Per Jack the Rippler, the analyst predicts a positive series of events for XRP once its ongoing case with the SEC settles.
The expert briefly outlined ways through which XRP can gain prominence in the crypto space. Jack the Rippler anticipates an end to the intense year-long legal spat soon. He shared how Ripple may amplify efforts to embed the XRP network with leading central banks around the globe.
The analyst further outlined how XRP is bound for robust institutional adoptions, boosting its positioning in the market space. The token could gain considerable strength as talks of XRP ETFs have also been floating in the crypto space. This development may further boost XRP’s future price path.
Ripple XRP Price for April
With such positive speculation running wild, Ripple is poised to portray a bullish price streak shortly. According to CoinCodex, XRP may soon break multiple price barriers to reach a consistent price hike.
“According to our current XRP price prediction, the price of XRP is predicted to rise by 9.05% and reach $0.670055 by April 26, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 83 (extreme greed). XRP recorded 18/30 (60%) green days with 5.05% price volatility over the last 30 days.”
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