**Can XRP Ride the Bullish Wave to New 2025 Highs?**
XRP has surged over 250% in 2024 following Donald Trump's election and SEC Chair Gensler's retirement. However, the SEC's appeal against Ripple and the potential launch of an XRP ETF could influence its performance in 2025. If the crypto market maintains its optimism, XRP might exceed $4.75, reaching new highs.
After a sharp decline in May 2021, Ripple (XRP) experienced a consolidation phase until late 2024. Despite Judge Analisa Torres's favorable ruling in August regarding the SEC dispute, XRP prices remained stable until November. The election of a crypto-friendly president and the departure of Gensler helped XRP break its three-year stagnation.
From November to December, XRP soared 450%, peaking at $2.90 on December 3, outperforming other major cryptocurrencies and becoming the third-largest cryptocurrency by market cap, surpassing USDT, Solana, BNB, and Dogecoin with a market capitalization of over $150 billion.
As 2025 nears, XRP is poised to capitalize on its momentum, potentially boosted by ETF approval and increased institutional investment.
**Ripple and SEC's Four-Year Struggle Nears Conclusion**
Since 2020, Ripple has been embroiled in a legal battle with the SEC, accused of raising $1.3 billion through unauthorized XRP sales. The lawsuit progressed until 2023 when Judge Torres ruled that XRP sold on exchanges are not securities, marking a significant win for Ripple and the crypto industry.
The Remedies Phase concluded with final submissions in May 2024, where the SEC sought over $2 billion in fines, while Ripple argued for compliance, suggesting a $10 million fine. The court ultimately ordered Ripple to pay $125 million in August, a decision Ripple temporarily celebrated despite expectations of an SEC appeal.
