Ripple Lawsuit Nears End, XRP Reclassification Could Boost Price 500%

Generated by AI AgentCoin World
Tuesday, Mar 18, 2025 4:09 pm ET1min read
XRP--

The Ripple lawsuit, which has been ongoing since 2020, is nearing its conclusion with a resolution expected by April 2025. Sources within the Securities and Exchange Commission (SEC) have hinted at reduced penalties and the potential reclassification of XRP as a commodity, which would shift its regulatory oversight from the SEC to the Commodity Futures Trading Commission (CFTC). This development has sparked optimism within the cryptocurrency community, as a favorable outcome could significantly decrease regulatory uncertainty surrounding XRP, potentially leading to increased investor confidence and investment.

Ripple's Senior Vice President, Eric van Miltenburg, has maintained a positive outlook on the platform's progress. Van Miltenburg has stated that Ripple has continued to establish itself globally, unaffected by the SEC's allegations. He has also highlighted the growing adoption of XRP in the United States, suggesting that the lawsuit has had little impact on the token's acceptance. Van Miltenburg believes that XRP is a "geopolitical asset," further emphasizing its potential as a commodity.

The legal battle has also sparked intense debate within the cryptocurrency community, with experts divided on the potential outcomes. Some legal experts have argued for a possible delay in the case's settlement, while others believe that an early conclusion is possible. The uncertainty surrounding the case's outcome has led to a range of predictions, with some experts anticipating a settlement as early as March or April, while others suggest a delayed judgment in July or August.

A positive court decision for Ripple could significantly decrease regulatory uncertainty about XRP, which would likely result in increased investor investment. This could potentially lead to a surge in XRP's price, as investor confidence in the token grows. Despite the current negative trend and bearish predictions from experts, analysts remain bullish about XRP's future trajectory. Some experts have projected XRP's ascend during this spring, with a top expert setting a bold target of $100 for the XRP price in this bull rally. This optimism is fueled by the potential reclassification of XRP as a commodity, which could shift its regulation from the SEC to the CFTC, and the reduced penalties that Ripple may face. The shift in the SEC's attitude towards the crypto sector following the Trump administration has also strengthened expectations that the Ripple case will soon be resolved, further fueling optimism within the cryptocurrency community.

Quickly understand the history and background of various well-known coins

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.