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Why Is XRPs Price Not Going Up After the SEC Lawsuit Win?

Why Is XRPs Price Not Going Up After the SEC Lawsuit Win?

The post Why Is XRPs Price Not Going Up After the SEC Lawsuit Win? appeared first on Coinpedia Fintech News

The crypto market is currently in the Fear zone, with the Fear & Greed Index sitting at 32, reflecting investors cautious sentiment. While Bitcoin and Ethereum continue to show volatility, XRP remains a hot topic of discussion. With Ripples legal battle with the SEC now over, many expected XRP to skyrocketbut that hasnt happened yet. 

XRPs Slow Reaction Despite SEC Lawsuit Win

When news broke that the SEC had dropped its lawsuit against Ripple, XRP briefly surged 16% to $2.60. However, the excitement faded fast, and the price dipped back to $2.38 the following day. Investors were left wondering why XRP didnt take off as expected.

Crypto analyst Armando Pantoja weighed in, pointing out that the SEC has yet to release an official statement confirming its withdrawal. So far, only Ripples CEO Brad Garlinghouse and CLO Stuart Alderoty have spoken on the matter. Without an official SEC position, many investors are staying cautious, preventing an immediate price surge.

While, Johnny Krypto, co-founder of Merlin, says XRPs muted price reaction is normal, as markets often rally on speculation and settle when news is confirmed. He points to XRPs surge from $0.50 to $2.50 in November as traders betting on Ripples legal win. If the SEC had appealed, XRP would have likely dropped, but without bad news, its just holding steady.

A 10x Rally Wont Happen Overnight

Many in the crypto space expect XRP to hit double digits, but Pantoja warns that it wont happen overnight. Unlike meme coins, which can spike rapidly due to hype, XRP is influenced by derivatives and institutional trading, making sudden, wild moves less likely. A 10x rally will come soon, but not in 24 hours, he stated, urging investors to be patient.

What Will Drive XRP Higher?

With the lawsuit behind it, XRPs next big move will depend on real-world adoption. Krypto believes institutional investment, major partnerships, and growing use casessuch as cross-border paymentswill be the key drivers of price growth.

While XRP may remain stable in the short term, many analysts see huge long-term potential. Some even predict that in a strong bull cycle, XRP could climb to $8 or beyond. For now, patience is keyXRPs breakout will come, but not at meme coin speed.


However, Edoardo Farina believes in XRPs long-term growth despite its recent dip to $2.40. While Bitcoin and Ethereum have struggled, XRP has gained 12% since January. Farina points to potential XRP ETF approvals, stablecoin regulations benefiting Ripples RLUSD, and possible Trump administration support as key drivers of growth. He also predicts a supply shock, where transaction fee burns and institutional adoption could reduce available tokens, pushing prices higher. While this offers hope for investors, experts caution that crypto markets remain unpredictable.

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FAQs

XRP price prediction for March 23rd, 2025?

According to the XRP price analysis done by our expert panel, the XRP price today could go as high as $2.41.

XRP price prediction for 2030?

By 2030, XRP may trade between $16.92 and $26.97, driven by institutional adoption, CBDC development, and Ripples expansion in global payments.

XRP price prediction for 2040?

XRPs price could hit $178.82 by 2040, assuming widespread adoption, strong regulatory support, and Ripples continued dominance in cross-border payments.

Read more: https://coinpedia.org/news/why-is-xrps-price-not-going-up-after-the-sec-lawsuit-win/

Text source: Coinpedia – Fintech & Cryptocurreny News Media| Cr

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