$XRP Price Set to Soar: Optimistic Projections Amid Ripple vs. SEC Appeal

The ongoing Ripple vs. SEC lawsuit has significantly impacted XRP. With the case now in its appeal phase, market participants are speculating about the potential effects of its resolution on XRP’s price. Notable XRP advocate, Digital Asset Investor (DAI), recently shared an optimistic outlook. He cited an AI chatbot suggesting that XRP could reach new all-time highs once the case concludes.

For context, a pivotal ruling on July 13, 2023, by Judge Analisa Torres declared that $XRP is not a security, significantly boosting its market value. However, the SEC filed an appeal on October 17, 2024, challenging parts of this ruling. The SEC is required to submit its opening brief by January 15, 2025. Some believe that new SEC leadership under Paul Atkins, a Donald Trump nominee, could expedite the case’s resolution.

DAI sought insights from an AI chatbot, which predicted that $XRP could see a 66% increase, similar to the drop it experienced when the lawsuit began in December 2020. Based on XRP’s current price of around $2.18, this would raise its value to approximately $3.62. Analysts like EGRAG Crypto and Alex Clay have even higher targets, suggesting potential prices of $6 and $10, respectively, if market conditions are favorable.