Ripple's XRP has surged nearly 80% in 2023, potentially influenced by a positive ruling in the SEC vs. Ripple lawsuit. Analysts suggest XRP's previous lackluster performance in 2021 was tied to the SEC legal battle.
Predictions indicate a possible new all-time high in 2024, driven by a cryptocurrency bull run, potential BTC ETF, and BTC halving. Factors contributing to XRP's rise include a favorable high court ruling, partnerships with Mastercard and others, increased popularity in cross-border remittances, and potential user growth with a positive legal outcome. Despite a significant decline from its 2018 ATH, XRP could make up ground in the next bull run.
