$XRP XRP faced a speculated hack, impacting its price with a $112.5 million loss, later clarified as a breach of Ripple co-founder's personal accounts, not Ripple's network.
The ongoing SEC case against Ripple influences XRP's market sentiment, as court rulings could impose penalties for XRP's unregistered sales.
Despite legal pressures, Ripple has made international strides, entering markets like Singapore and partnering in Africa, the UK, and Australia, which could bolster XRP's value.
XRP's price faces technical challenges, with a "death cross" and bearish patterns suggesting potential declines. Speculative projections claim XRP could soar to $771, hinging on the XRPL's capacity to handle massive transaction volumes.
These forecasts are based on the platform's expected growth and technological adoption, yet they remain uncertain amid evolving regulations and market conditions.