XRP has soared more than 8% in the past 24 hours due to the game-changing announcement of its CEO Brad Garlinghouse.
The XRP price forecast explores how far the project can go, and also reviews the potential of alternative investments, Solaxy and BTC Bull Tokens.
SEC quits lawsuit against Ripple
The Securities and Exchange Commission (SEC) has just filed a long-term lawsuit against XRP creator Ripple Labs.
XRP prices have been under tremendous pressure since the private lawsuit began in December 2020. Ripple Labs has the potential to be hit or considered safe XRP coins, thus introducing complexity for institutional holders, which seriously hinders its growth.
Therefore, the news that the SEC has withdrawn the lawsuit is full of widespread excitement.
“That’s it – the moment we’ve been waiting for. The SEC will give up its appeal – for Ripple, Crypto, you see its huge victory. Write Brad Garlinghouse of X.
The tweet, which received over 9 million views, revealed expectations for the news.
So, XRP price rose 8% today and 10% this week. It currently trades at $2.48.
Looking ahead, potential ETFs are the next major catalyst that can enhance XRP prices. polymer The bet gave the XRP ETF an 84% chance of approval, which jumped 7% after Garlinghouse revealed litigation news.
The fact that Ripple Labs won the lawsuit also provides regulatory clarity and enables it to conduct business with traditional financial players such as banks and institutions.
In this way, the next few months have the opportunity to feature Ripple Labs’ main partnership as they hesitate to use their technology eventually triggered the trigger.
This is good news for XRP price potential, but how do you say the chart?
XRP’s next major goal is $3.50
XRP’s forward tends toward fundamentals and highly positive prospects.
Analyst Greg Miller pointed out earlier this month that XPP is degrading in-weed trading. According to analysts, the price is scheduled to test support in late March, followed by a $3.5 rally.
Indeed, XRP tested support this week and now it is climbing along the $2.7 trend line resistance. Given the litigation closure, we will likely see an XRP explosion in the next few weeks and pass this resistance line and a $3.5 target.
$ xrp – @ripple The chart is forming a textbook descending wedge, a bullish reversal pattern.
A breakout beyond the resistor could cause XRP to soar above $3, while the next key level is $3.5.
The bull just needs patience. The accumulation stage before the proposal? pic.twitter.com/ng6ofgx2x3
– Greg Miller (@greg_miller05) March 4, 2025
Further, Anbessa believes that XRP will rise to an all-time high (ATH), with a target of between $9 and $15.
Although the gains on this scale cannot be ruled out, especially after the lawsuit is won, the price of $15 will bring XRP’s market cap to $870 billion, which makes it more valuable than JP Morgan ($673 billion in market cap) and Tesla ($739 billion in market cap).
One day, if XRP achieves the goal of cross-border settlement layers for institutions and banks, such excellent valuations can be required. However, currently, stay away from worthy adoption levels.
Break in: 🇺🇸sec officially drops corrugated $ xrp litigation.
XRP mentioned more than 5 times the day after being patient at 1,5 years old, and prepared this chart. Excellent timing and accuracy.
Nice bouncing from 50mA 3d TF. Prices are intended to recover the midterm at $2,5. Once we get… https://t.co/nnrxrgldot pic.twitter.com/wzoipo7njb
– Anbessa (@anbessa100) March 19, 2025
Given bullish news, XRP is likely to reach $3.5 in the coming weeks and peak in the bull market between $5 and $6. In extreme bullish situations, we can see Anbessa forecast or a brief test of higher $9, although the price may be short-lived.
Lower market stock cryptocurrencies are the way to go for traders looking for greater returns.
Can these two cryptocurrencies be larger than XRP?
Traders are tipping Solvent As a project that can achieve 50x growth in the next few months. It is developing the ever-seen layer 2 blockchain for Solana, aiming to increase transaction speed, reduce costs and increase reliability.
The goal is to eliminate traffic congestion in Solana and prepare for further adoption when the crypto bull market resumes.
Solaxy is currently undergoing pre-sales and has raised $27 million so far.
In the recent video, well-known analyst Borch Crypto said 50 times after pre-sales.
https://www.youtube.com/watch?v=l-orlifeio
this Solvent pre-sale Allow investors to buy from scratch in projects that might be revolutionary in the Solana ecosystem. As Borch Crypto points out, this is a juncture that can lead to considerable gains.
BTC Bull Token It’s another promising new encryption. The project is based on Ethereum’s meme coins, paying for real Bitcoin rewards to the community.
Rewards for $BTC and $btcbull tokens will be allocated through a large number of milestones as Bitcoin rises to $1 million, starting at $150,000.
The project is also on pre-sales and has raised $3.8 million so far.
99bitcoins analyst Umar Khan recently speculated that pre-sales could bring investors 100 times the gains.
https://www.youtube.com/watch?v=eclrjzjc3uk
BTC Bull Token Combining the excitement of meme coins with tangible Bitcoin rewards provides a unique blend of these two elements. This can be hugely rewarding, especially for those who come in earlier.
