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  • rippleXRP$2.56-1.08%
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XRP Price Outlook After SEC Settlement

XRP Price Outlook After SEC Settlement

XRP price could rise as Ripple ends SEC battle and looks to unlock $125 million for future growth

There is no question that Ripple (XRP) is among the strongest cryptocurrency coins on the market now. The token is in the ETF race and has battled its way to the high position it now occupies.

A fresh event has surfaced now that the US SEC and Ripple have concluded, hence closing ends and advancing to a new chapter. Will this last settlement enable XRP to rise in price as it is now free to investigate new vistas and crypto trends?

SEC v. Ripple: Last Settlement Information

At last, the four-year-long, laborious US SEC vs. Ripple litigation has ended. Arriving with a new SEC order shows how both sides have chosen to settle after years of intense legal conflict.

Eleanor Terrett also verified this news, stating that Ripple will pay $50 million of the original $125 million in penalty. This tumultuous legal case will conclude with the return of the remaining funds to them.

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Eleanor Terrett| Source: Decrypt

This development is undoubtedly bullish for Ripple, as the token is now free to pursue its independent path. The token is already experiencing credible headwinds in the stablecoin and ETF domain, which are assisting XRP in maximizing its influence and achieving the top of the radar.

What is the current potential for the token to increase in value?
In a holistic relief rally, XRP may surge to $3 to $3.80, as per ChatGPT.

The token may experience a surge to $4 to $5 due to the increasing interest of institutional investors. Simultaneously, Ripple’s token may progressively accumulate $6 to $8 due to its aggressive onboarding of new banks and partnerships.

XRP Price Outlook After SEC Settlement
Source: ChatGPT

Furthermore, the token may reach $10 to $12 in a long-term scenario due to FOMO and ETF narratives.

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