How High Can XRP Rise Post Its SEC Case Dismissal?

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Ripple (XRP) is one of the most highly respected and reputed cryptocurrencies to exist in space. XRP has long been battling a cumbersome case with the US SEC. The case was filed in 2020 and has been continuing all this while, impacting the token’s price and market prestige for a long time. On the contrary, XRP has left no stone unturned to prove its mettle. From collaborating with leading financial giants to launching its own stablecoin, the firm has certainly come a long way. Will XRP be able to claim new highs if its case with the US SEC is wrapped up sooner than later?

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US SEC vs. Ripple: What’s The Update?

XRP price surge SEC
Source: CryptoRank

The new US SEC regime under the leadership of Mark Uyeda is currently playing an instrumental role in wrapping up pending legal cases against multiple organizations. For instance, the SEC has concluded a variety of cases against multiple organizations, including Robinhood, Uniswap, Opensea, Binance, and Coinbase.

The current move has led the community to anticipate many bullish narratives to take place within the cryptocurrency sector. For instance, the Donald Trump regime is more focused on promoting the crypto world at a global pace. The US SEC has prepared a crypto task force to deliver regulatory clarity to the crypto space.

While the US SEC is yet to respond to the pending Ripple case, the crypto community is anticipating the justified end to the aforementioned case ending. With the US SEC busy ending cases like this, the community is also hoping the Ripple vs. US SEC case will end as well, which in turn could help XRP surge to new highs.

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How High Can The Token Go If The Case Ends?

Per ChatGPT, XRP may aim for a $3-$5 price range if it secures a case win. The platform predicted a mid-term surge to $10, which may be sparked by its increased institutional usage. The token may also hit $15-$20 if it secures the top spot as a major global payment solution. Per GPT, the token can even target $50 if mass adoption explodes, with financial institutions embracing XRP ETFs.

GPT XRP STATSGPT XRP STATS
Source: ChatGPT

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