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Ripples XRP at $100 Could This SEC Move and XRP ETF Approval Propel Price to this Milestone?

Ripples XRP at $100  Could This SEC Move and XRP ETF Approval Propel Price to this Milestone?
© Copyright Image: ZyCrypto

The crypto industry has been abuzz that the United States Securities and Exchange Commission (SEC) and Ripple Labs might finally bury the hatchet.

Eleanor Terrett from Fox Business dropped a hint on X on March 12, 2025, saying two insiders think the SECs ready to wrap up its fight with Ripple once they hash out the last details. This could flip the script for XRP and shake up the crypto scene big time.

The Ripple Vs. SEC showdown has been dragging since late 2020, and its hit a bumpy patch. Ripples lawyers were digging in, trying to tweak a July 2023 ruling from Judge Analisa Torres that slapped a $125 million fine on themway less than the $2 billion the SEC wanted. 

Things got spicy in October 2024 when the SEC appealed, and Ripples CEO Brad Garlinghouse fired back on X, saying, XRPs status as a non-security is the law of the land today. If they settle, itd end years of headaches thatve spooked investors.

This isnt just about Ripplethe general U.S. crypto vibes shifting. Since Gary Gensler quit as SEC chair on January 20, the agency has eased off, dropping high profile crypto cases against outfits like Kraken, Consensys, Coinbase and Robinhood.

A Ripple vs. SEC deal could slot them with other firms dodging legal bullets, clearing the fog, and maybe juicing up XRPs appeal.

Could an ETF Push XRP Price to $100?

If the SEC completely paves the way and an XRP ETF gets the green light, could the price hit $100? While no official confirmation on an XRP ETF has been announced, industry observers note that regulatory clarity is a key factor in investor decision-making.

A resolution in the Ripple case might facilitate further institutional adoption and clearer regulatory guidelines for digital assets.

Statistical data remains crucial in this discussion. XRP, which has seen fluctuating trading volumes and price swings, is closely monitored by retail and institutional investors.

Although the settlement details are still under wraps, the potential for an approved ETF could add a new level of legitimacy to XRP. Such a move might influence trading volumes and market sentiment, though it is too early to predict exact price outcomes.

Ripple vs. SEC settlement is a big dealit closes a messy chapter thats kept XRP on edge. Investors might breathe easier, seeing it as a steadying move.

Ripples pushing hard for better terms, and with ETF talk swirling, the next steps could propel XRPs price.

Read more: https://zycrypto.com/ripples-xrp-at-100-could-this-sec-move-and-xrp-etf-approval-propel-price-to-this-milestone/

Text source: ZyCrypto

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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