Ripple and SEC End Appeals Mutually, Boosting XRP Value by 8%
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Following the joint dismissal of the Ripple vs SEC case by the United States Securities and Exchange Commission (SEC), the outlook for XRP price is strongly bullish. The regulatory clarity provided by the ruling has removed significant uncertainty, confirming XRP is not a security. This has bolstered market sentiment and institutional interest in XRP, positioning it as a top altcoin for investors.
The XRP price surged during the late North American session on Thursday, August 7, 2022, following the announcement of the case closure. The price of XRP rebounded from the 50-day Moving Average Simple and is currently trading above $3.27, a 8% increase.
Current price momentum is strong, with XRP recently surging above $2.90 and volume spiking sharply, supporting near-term gains toward $3. Key support is near $2.70–$2.80, while the main technical resistance is around $3.
AI and machine learning models predict XRP could reach approximately $3.12 to $3.17 by mid to late August 2025, with potential short-term consolidation within the $2.80–$3.20 range. More optimistic forecasts see XRP hitting between $4.50 to $5.50 by late 2025, driven by expanding Ripple partnerships, cross-border payment adoption, and increasing institutional demand.
In bull case scenarios, some projections envision XRP reaching $6 to $10 or more if wider crypto markets rally and tokenized finance grows significantly. However, risks to this outlook include a price break below support zones around $2.80–$2.60, which could lead to consolidation or correction phases.
The acquisition of Rail, a stablecoin-powered platform for global payments, for $200 million is a strategic move to strengthen Ripple's position in the blockchain payment industry. The acquisition is expected to contribute to the robust fundamentals of the XRPL network and play a crucial role in the mainstream adoption of Ripple USD (RLUSD), which helps in the on-chain burns of XRP.
Crypto analyst Ali Martinez predicts a midterm target of $3.34 for the XRP price after it broke out of a recent consolidation. With the renewed demand for XRP, as shown by the sharp uptick in its transaction volume, an upsurge towards a new all-time high is imminent in the near future.
The closure of the Ripple vs SEC case is considered a major milestone for the mainstream adoption of XRP and the XRPL products. Ripple's Chief Legal Officer Stuart Alderoty stated that Ripple can now focus on its core business model, which includes enabling seamless cross-border payments through blockchain technology.
As Ripple positions the XRPL network to compete with other leading blockchain networks in the industry, the bullish outlook for XRP's price remains strong, potentially reaching or exceeding $5 within 2025, barring major market disruptions.
Ethereum, a major competitor in the blockchain technology sector, is anticipating increased institutional investment due to the Ripple vs SEC case closure, as it provides regulatory clarity for the crypto market. This could potentially lead investors to explore diverse finance opportunities beyond XRP, possibly impacting the price dynamics of Ethereum.
In light of the bullish sentiment surrounding XRP as a result of the case closure, technology advancements in the finance sector, such as wider adoption of tokenized finance, could boost the performance of both XRP and Ethereum, creating a synergistic effect.
