XRP at $13? SEC-Ripple deal promises explosive growth
- SEC-Ripple Agreement.
- Possible XRP ETF sparks optimism.
- XRP Price at $13?
A possible settlement between the US Securities and Exchange Commission (SEC) and Ripple Labs, ending the long-running legal battle that has loomed over the XRP , has been growing in the community as well as speculation about the impact on the token's price.
The resolution of this legal imbroglio, combined with the possibility of approval of an XRP exchange-traded fund (ETF), has generated optimistic projections, with some analysts predicting a jump in the token's price from its current level of around US$2,34 to a range between US$7 and US$13.
Crypto analysts point to historical patterns in similar cases, where positive decisions have driven rapid and significant price jumps. Market analyst known as “TheCSCrypto” on X, for example, predicts a price increase for XRP in the range of $7 to $13 per token.
However, despite the optimistic projections, many retail investors are showing caution. Zach Rector notes that smaller investors prefer to wait for official confirmation of the agreement before making investment decisions.
“Retail is still playing with their XRP bag like a settlement isn’t imminent. Mainstream crypto is still ignoring it. Haters still don’t believe the end is near. Retail won’t budge until headlines hit. XRP CASE CONCLUSION IS NOT PRICED!” he wrote.
It is worth remembering that the cryptocurrency market is eagerly awaiting April 16, the date on which a US court is expected to to emit The U.S. Securities and Exchange Commission (SEC) has issued its final verdict on the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple’s native token, XRP. The decision, which could have a significant impact on the future of the cryptocurrency, comes at a time of change in the U.S. political landscape, with favorable measures for the crypto sector imposed by President Donald Trump.
Regulatory uncertainty, market volatility, and the mismatch between institutional and retail investor expectations create a complex outlook for XRP. Confirmation of the SEC-Ripple deal and the potential approval of an XRP ETF could trigger a significant price surge for the token.
XRP as a strategic asset? SEC reveals ambitious plans for integration into the US financial system
In a surprising move, the document called “Comprehensive Proposal: XRP as a Strategic Financial Asset for the US” was recently published on the U.S. Securities and Exchange Commission (SEC) website. The five-page document outlines an ambitious plan to integrate XRP into the country’s financial system, suggesting that Ripple’s native token could play a crucial role in streamlining U.S. international financial transactions.
The news has seen the price of XRP react positively, posting considerable gains today, March 14. At the time of publication, the price of XRP is trading at $2,37, up 4.4% in the last 24 hours. Earlier, the cryptocurrency peaked at around $2,39, but has pulled back slightly in the last few hours.
According to the proposal included in the document, the adoption of XRP by the US government could free up a significant portion of the US’s $5 trillion in global Nostro accounts, resulting in substantial savings on transaction fees. Furthermore, the document suggests that the saved funds could be directed towards the acquisition of Bitcoin (BTC), further cementing the cryptocurrency’s role as a strategic reserve asset in the country.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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