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XRP at a Crossroads: Breakthrough or Disappointment after SEC Lawsuit Ends?

The legal battle between Ripple and the SEC has stagnated XRP’s price since December 2020, despite the 2021 bull market. Slothana and other meme coins are gaining traction as alternatives. However, predictions suggest XRP could surge by 60%, potentially surpassing $1, with the SEC dropping its lawsuit, leading to a brief spike to $15. Analysts anticipate a possible breakthrough.




The protracted legal battle between Ripple and the US Securities and Exchange Commission (SEC) , which began in December 2020, appears to have put the XRP price into a state of paralysis. Despite the bull market in 2021, XRP shows a similar pattern of behavior to other major cryptocurrencies – all peaked in the same year and subsequently experienced a sharp decline.

On it is pointed out that there are now numerous alternatives that promise higher returns – especially meme coins like Slothana ($SLOTH), which some experts even believe have a potential increase in value of up to 10,000%.

If you want to find more about Ripple – SEC lawsuit and how it influenced the price of XRP, download for free our companion app. The Born2Invest mobile app keeps its readers up to date with the most important business news of the day so they can stay on top of the market. Don’t waste your time scrolling the internet, our team of seasoned writers will do that for you.

XRP on the verge of a decisive breakthrough: 60% price increase in prospect – time to invest?

According to a new forecast on Crypto Magazine, the cryptocurrency XRP could be facing a significant price increase. Market expert Tylie Eric predicts a 60% increase, which could push the value of XRP above the symbolic threshold of one US dollar.

This development is being watched with great interest as it would not only increase confidence in XRP, but could also serve as a sign of a general market revival.

SEC drops lawsuit against Ripple! XRP jumps to $15

In a surprising twist, according to , the Securities and Exchange Commission has dropped its lawsuit against Ripple Labs, citing “misunderstandings” regarding the classification of XRP as the reason for the move. This caused the price of XRP to briefly jump to an impressive $15.

XRP set for explosive rise: $1 mark within reach?

Blockchain -Hero also reports on possible positive developments for the token from Ripple Labs (Xpring platform for developers). Technical analysis of a widening channel pattern suggests that we could soon witness a significant price jump – perhaps breaking above the psychologically important one dollar mark is actually possible this time.


(Featured image by sergeitokmakov via Pixabay)

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First published in Coin Kurier. A third-party contributor translated and adapted the articles from the originals. In case of discrepancy, the originals will prevail.

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Valerie Harrison is a mom of two who likes reporting about the world of finance. She learned about the value of investing at a young age upon taking over her family's textile business when she was just a teenager. Valerie's passion for writing can be traced back to working with an editorial team at her corporate job, where she spent significant time working on market analysis and stock market predictions. Her portfolio includes real estate funds, government bonds, and equities in emerging markets such as cannabis, artificial intelligence, and cryptocurrencies.