Can XRP Ride the Bullish Wave to New Highs in 2025?
The SEC’s appeal against Ripple and the launch of an XRP ETF could impact XRP’s performance in 2025.
If the crypto market remains bullish until 2025, XRP could reach a new high above $4.75.
Ripple (XRP) continued its consolidation pattern after a sharp drop in May 2021 in the first ten months of 2024. Prices remained steady through November despite Judge Analisa Torres’ August ruling in XRP’s dispute with the Securities and Exchange Commission.
XRP surged 450% from November to December, reaching $2.90 on December 3, benefiting more than any other major cryptocurrency from bullish sentiment. This surge made XRP the third-largest cryptocurrency, ahead of USDT, Solana, BNB, and Dogecoin, with a market cap of over $150 billion.
As 2025 approaches, XRP is expected to ride the current tailwinds to reach new highs and gain ETF acceptance. This could lead to significant institutional capital inflows into the remittance token.
The Four-Year Ripple-SEC Rivalry Is Coming to an End
Since 2020, when the SEC accused Ripple Labs of generating $1.3 billion from unauthorized sales of its XRP coin in 2013, the regulatory struggle has progressed.
The lawsuit continued until 2023, when Judge Analisa Torres declared that XRP sold on the exchange was not a security. This was a major victory for the token and the crypto sector, which had been under scrutiny by the SEC.
The deadline for submitting the reform phase was May 2024, which pushed the decision forward. Both sides filed papers opposing the document seals.
The SEC wanted fines of more than $2 billion over Ripple’s institutional XRP sales, while Ripple claimed compliance and only asked for $10 million.
The court ordered Ripple to pay $125 million instead of the $2 billion the SEC ordered it to pay in August. The crypto community expected the regulator to appeal the ruling, but Ripple briefly celebrated. $XRP