XRP News: Potential $4 Price Target Predicted After SEC Drops Ripple Appeal Case

In a significant development for the cryptocurrency market, XRP has seen a massive surge in value following the Securities and Exchange Commission’s (SEC) decision to drop its appeal in the lawsuit against Ripple. This move has not only boosted the price of XRP but has also led to predictions of further gains in the future.

XRP Pumps Past $2.5 as SEC Drops Ripple Appeal Case

XRP got a massive boost as the SEC officially dropped its appeal in the lawsuit against Ripple. The token surged to $2.59 immediately after the announcement before cooling slightly. One top analyst thinks the rally is just getting started, predicting a potential rise to the $4 mark. Ripple CEO Brad Garlinghouse confirmed the news, calling it a “huge win” for the company and the broader crypto market.

Ripple Finally Slayed the SEC Dragon: Is XRP Price About to Deliver an Altcoin Bull Run?

After nearly four years of battle, the U.S. SEC ended its legal fight with Ripple, sparking a significant XRP rally. According to Coingecko, XRP is up nearly 7% in the past 24 hours, pushing weekly gains above 15%. By dismissing the case and not appealing, the SEC has lifted a massive burden from XRP and Ripple. Brad Garlinghouse, CEO of Ripple, tweeted that this is the moment they have been waiting for, a resounding victory for Ripple and crypto.

XRP Price Jumps 12% After SEC Drops Lawsuit

Ripple Labs has achieved a landmark victory as the U.S. Securities and Exchange Commission (SEC) officially dropped its longstanding lawsuit against the company. This significant legal milestone triggered an immediate surge in the XRP price, which pumped over 12% in just 24 hours. Ripple CEO Brad Garlinghouse broke the news via a celebratory post, describing the outcome as a pivotal win not just for Ripple but for the entire crypto industry. Ripple had been engaged in an intense four-year battle against the SEC, which initially accused the company of conducting a $1.3 billion unregistered securities offering. After Ripple successfully proved XRP is not a security, the SEC withdrew its case.

Bears Losing Strength in April as Expert Predict XRP Price Will Hit $5

April is shaping up to be a turning point for the crypto market as bearish momentum is fading fast. The recent bullish sentiments in the market has led market experts to predict that XRP could surge to $5. But XRP isn’t the only token making headlines in the market, one viral altcoin is also set for massive gains. The official XRP price has surged by 5% in the last seven days and now has a weekly trading price of around $2.46. While this rally is impressive, XRP price experts believe that this is just the starting point.

Will The Closure of The Ripple-Sec Case Lead To New XRP Price Highs?

Despite the slump the crypto market has been experiencing over the past month, Ripple has remained resilient. In fact, the official XRP price has surged by 5% in the last seven days and now has a weekly trading price of around $2.46. While this rally is impressive, XRP price experts believe that this is just the starting point.