$XRP Faces Risks: Could It Dip Below $2?
Ripple’s ongoing legal challenges continue to cast uncertainty over XRP's future. Despite the partial victory in 2023, the SEC's appeal means Ripple could face years of litigation, leaving XRP in regulatory limbo. This prolongs ambiguity over its classification and potential institutional adoption, suppressing long-term confidence.
Adding to the uncertainty, the departure of SEC Chair Gary Gensler in January 2025 doesn’t guarantee a softer regulatory stance. A new chair could maintain or even increase enforcement actions, further pressuring XRP.
The token’s recent rally has also been criticized as overhyped, with limited fundamental developments. Analysts warn that speculative gains may not hold as legal outcomes remain unclear, making a drop below $2 a real possibility if market sentiment turns bearish.
