The long-running lawsuit between Ripple and the SEC is nearing its conclusion, as the SEC has withdrawn its objection, according to Ripple CEO Brad Garlinghouse.
While final approval is still pending, this development marks a significant milestone in the case, which has hindered Ripple’s U.S. operations.
Ripple’s announcement led to a spike in XRP’s price, with analysts suggesting that the end of the case, coupled with Ripple’s progress and potential regulatory changes, could significantly impact XRP’s value.
B2BinPay CEO Arthur Azizov forecasts XRP could reach between $5 and $7 by mid-2025, driven by the SEC case’s resolution and Ripple’s global payment advancements. Other analysts, like XTB’s Hani Abuagla, predict a much wider price range, from $5 to $100, citing potential regulatory shifts under a new U.S. administration.
Bitget Research analyst Ryan Lee offered a more conservative estimate, with XRP ranging from $1.80 to $8.40, potentially reaching $10, dependent on adoption and regulatory clarity.
John Deaton, founder of CryptoLawUS, believes XRP could even surpass Ethereum in market value, should the SEC approve XRP ETFs. Despite the optimism, the future of XRP remains uncertain, hinging on various factors including legal and regulatory outcomes.
Solaxy ($SOLX) is revolutionizing blockchain technology by offering the first Layer-2 solution on Solana. This project significantly improves speed and reduces transaction fees, solving network congestion problems.
Solaxy’s advanced rollup architecture shows strong potential to optimize transaction speeds and reduce congestion-related inefficiencies on Solana. The project’s approach reduces congestion and ensures smooth execution, even during peak activity. For traders, this means faster and more reliable transactions, preventing failed swaps.
Beyond improving transaction efficiency, Solaxy is expanding interoperability between Solana and Ethereum. The $SOLX token functions as a multi-chain asset, allowing users to engage across both ecosystems. This provides access to Ethereum’s liquidity while benefiting from Solana’s speed and cost efficiency.
Pudgy Penguins (PENGU) has outperformed other top meme coins today with gains of 8.5% in the past 24 hours as traders seem to be positioning for a huge move. Alongside Fartcoin (FARTCOIN), PENGU is one of the few tokens in this category that has booked 7-day gains. During this period, the official meme coin of […]
Lion Group Holdings, a Nasdaq-listed financial services firm, has officially begun executing its ambitious $600 million cryptocurrency treasury strategy, announcing the completion of its first $2 million purchase of Hyperliquid (HYPE) tokens.
A well-followed crypto analyst known for his accurate Bitcoin predictions is now turning his focus to the broader altcoin sector, signaling that a significant move could be brewing beneath the surface.
A crypto venture connected to the Trump family is quietly preparing for a major pivot—one that could take it from an obscure governance experiment to a publicly traded token with institutional backing.