Community pundit Jack argued XRP’s potential to attain $100 and $10,000 after the SEC lawsuit ends.
Previously, he asserted that $1,000 per XRP is “peanuts” considering the tokenization market.
Ripple is challenging the SEC’s proposal for nearly $2 billion in fines today.
Members of the XRP community continue to speculate about XRP’s outlook upon the conclusion of the multi-year legal battle involving Ripple and the SEC. Community member Jack, with 212.6K followers on X, recently weighed in on this discussion.
Jack emphasized that the Ripple-SEC lawsuit’s conclusion means XRP has complete regulatory clarity to function as the first cross-border payment asset in the US. Accordingly, he argued that a three to five-digit value for XRP upon the termination of a protracted legal battle with the US regulator “is inevitable.”
The SEC v. RIPPLE case will come to an End and #XRP will become the first digital asset with FULL regulatory clarity in the United States of America for cross-border settlements!
Notably, the outlook suggests the community pundit expects XRP to be between $100 and $10,000 sometime in the future. Jack’s latest commentary on XRP’s potential value expanded upon his earlier assertive claim that XRP trading at $1,000 would be “peanuts.” At the time, he grounded the forecast on XRP Ledger’s utility in the tokenization market.
Jack speculated a scenario wherein $50 trillion in tokenized value passes through XRPL. As a result, he concluded that $1,000 per XRP is a trivial target in light of the immense potential within tokenization.
Now, this XRP enthusiast has issued an even bolder outlook for XRP when Ripple’s regulatory hurdle concludes. One of the most recent updates in the SEC vs Ripple case involves Ripple’s Chief Legal Officer Stuart Alderoty announcing plans to file an opposition to the SEC’s request for nearly $2 billion in penalties from the company. This opposition filing will occur today, April 22.
Last month, the SEC proposed a judgment requiring Ripple to pay $1,950,768,364 in fines and penalties for its alleged violation of federal securities laws. Should the court adopt this proposed judgment, Ripple must settle the $1.95 billion amount within 30 days of the ruling.
However, Ripple’s team is not receptive to this proposal and plans to challenge it today with a counter-filing.
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Community pundit Jack argued XRP's potential to attain $100 and $10,000 after the SEC lawsuit ends. Previously, he asserted that $1,000 per XRP is “peanuts” considering the tokenization market. Ripple is challenging the SEC's proposal for nearly $2 billion in fines today.
Since the lawsuit concluded, a Ripple XRP price prediction is going to be challenging to say the least. In 2025, there are some who are now calling for $2, while at the same time there are people suggesting that $5 is more likely.
Armando Pantoja, a prominent crypto figure, has expressed optimism about XRP's future. He believes the asset's true value lies between $8 and $20 and predicts it will reach this range by 2026. The $20 target represents a staggering 3,557.6% increase from its current price.
Experts are predicting a potential end date for the lawsuit at the district court level by July or August 2024. This means a ruling on the core issue could be issued soon. This timeframe provides some much-needed relief for investors who have been anxiously waiting for a resolution.
If the crypto market cap hits $3 trillion and XRP retains its current 1.18% dominance, its price could ascend to $0.636 by 2025. In a more bullish scenario of the crypto market surging to $10 Trillion, the price of XRP could soar to a staggering $1.12, resulting in a potential 6x return for investors by 2030.
Techopedia also sees potential for growth, estimating XRP could reach a maximum of $9 by 2030, potentially becoming a bridge currency due to its near-zero settlement times and the rise of central bank digital currencies.
Can XRP reach $100? Reaching a $100 price point would mean a market capitalisation of roughly $5.2 trillion for XRP, considering the current circulating supply of about 52 billion. This would be more than four times larger than the current value of all cryptocurrencies combined.
However, if Ripple loses all appeals, the SEC is likely to collect the $1.3 billion (the amount that the regulator alleges that Ripple earned from the unregistered securities sale) and offer XRP holders an option to sell their holdings.
In 2026, XRP could dramatically expand its value, with forecasts showing a minimum price of $0.50 and a maximum of $1.79. The average price could surge to $0.92, suggesting significant bullish momentum and investment opportunities.
Crypto analyst JackTheRippler and Ripple CEO Brad Garlinghouse recently shared their very optimistic predictions for XRP's future. Garlinghouse even suggested XRP could replace Bitcoin if certain challenges are addressed. Ripple's Q1 2024 report also revealed a 108% increase in XRP Ledger transactions.
Ripple Wins Partial Victory in Court: What It Means for XRP and the Crypto Market. On Friday, June 21, the Californian courts granted Ripple a procedural win in a class action suit about XRP.
Did Ripple Win the SEC Case? Both Ripple and the SEC scored victories in the case, but the SEC continues to seek remedies from Ripple in the form of large fines.
According to Ripple price prediction for 2025, coin's rate will not change significantly in 2025. The forecast is identical to 2024, according to which the XRP price can reach the price range of 0.56-0.83 USD.
XRP price will find resistance around $0.57 and support around $0.46 in June of 2024. Throughout 2024, XRP is expected to move between $0.452 and $1.27 with an average forecasted price of $0.86.
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