XRP Poised for 100%+ Surge if SEC Lawsuit Resolved Favorably

Bitwise Chief Investment Officer (CIO) Matt Hougan has shared his insights on the regulatory battle surrounding XRP and its potential market impact post-lawsuit. In an interview, Hougan suggested that XRP, which has been suppressed by litigation for years, could be significantly undervalued and poised for a sharp market correction if the legal uncertainties are resolved favorably.

The legal dispute between XRP and the US Securities and Exchange Commission (SEC) began in 2020, with the SEC accusing Ripple Labs of conducting an unregistered securities offering. This lawsuit has hindered XRP's growth within the US market and led to its delisting from several major exchanges. With a potential final ruling by April 16, market participants are speculating on XRP’s future trajectory.

Hougan believes that a resolution to the lawsuit could unlock significant latent demand for XRP. He noted that while Bitcoin (BTC) and Ethereum (ETH) have seen major adoption and institutional inflows, XRP has remained stagnant due to regulatory overhang. If the lawsuit concludes with clarity that allows unrestricted US adoption, the real potential of XRP in global finance could finally be realized.

Hougan also highlighted Japan’s aggressive adoption of XRP, with SBI Holdings leading the charge in integrating the asset into its digital banking ecosystem. XRP has now surpassed Ethereum in Japanese investor holdings, signaling deep institutional confidence in its future. Hougan agreed that XRP’s role in international remittances and liquidity solutions remains underappreciated, and the ongoing legal battle has hindered a more comprehensive evaluation of its utility-driven demand.

Another major topic of discussion was the possibility of an spot XRP exchange-traded fund (ETF). While Hougan did not reveal any details about Bitwise’s ETF filing and its progress with the SEC, he highlighted the firm’s confidence in the potential launch of such a product. Hougan emphasized that Bitwise files for ETPs because they believe they can launch and that there is a significant audience for XRP.

While some analysts argue that XRP’s legal troubles have already been priced in, Hougan’s comments concluded that the potential upside remains largely ignored by the broader market. If the SEC case concludes favorably, the re-listing of XRP on major US exchanges, new institutional flows, and expanded adoption in banking systems could lead to a market repricing event.