- XRP surged 20.3% over two weeks following Ripple’s legal victory with the SEC.
- A potential ETF approval could push XRP to $4.61, mirroring Bitcoin’s rally.
- Ripple’s growth ties to SEC outcomes, bullish signals, and market optimism for 2025.
Ripple’s XRP token saw a burst of activity after the company secured a small legal victory against the SEC. The court ruled to seal documents related to Ripple’s summary judgment motion, giving the fintech company a boost in its ongoing legal battle. This positive development triggered a modest rally, with XRP rising 4.8% over the week and a whopping 20.3% over the past 14 days.
Despite this bullish momentum, XRP’s price dipped slightly by 0.5% on the daily charts, showing that the asset is still battling near-term resistance. However, on a larger scale, XRP has had a massive 342.4% gain over the past year, making it one of the standout performers in the crypto space.
Is a Bigger XRP Rally on the Horizon?
There’s growing speculation that Ripple’s momentum could pick up further in the coming days. President-elect Donald Trump’s Jan. 20, 2025 inauguration is being closely watched, especially after Ripple’s CEO had a dinner meeting with Trump. This has sparked rumors of potential collaborations, adding a layer of optimism around XRP’s performance.
The year 2024 was monumental for Ripple. A partial victory in its SEC lawsuit clarified that XRP’s sales to retail clients didn’t violate securities laws. This legal clarity, coupled with a historic breach of the $2 mark for the first time in seven years, has left investors eagerly anticipating what 2025 holds.
The ETF Factor: XRP’s Next Big Catalyst?
The buzz around an XRP ETF approval is adding fuel to the fire. Financial giant WisdomTree applied for an XRP spot ETF last year, creating significant excitement in the crypto space. If approved, XRP could follow Bitcoin’s lead—BTC’s price surged 82.5% after its ETF debut, hitting an all-time high of $73,000.
If XRP replicates Bitcoin’s ETF-driven rally, its price could soar to $4.61. However, caution is warranted. Ethereum, despite its ETF launch, didn’t see much price movement, suggesting XRP might face a similar fate. Either way, the crypto community is watching closely as Ripple’s legal and market developments continue to unfold.
Final Thoughts
Ripple’s ongoing legal progress, combined with market speculation around an ETF approval, makes XRP one of the most intriguing assets of 2025. Whether you’re a trader or a long-term investor, XRP’s trajectory in the coming months could be pivotal. Keep your eyes on key developments—they could define Ripple’s future.
