In a recent X post, a renowned figure in the Ripple community shared insights on the XRP case and its impact on the asset’s price. However, the expert has surprisingly warned investors to be wary of unrealistic hopes after the Ripple Vs SEC lawsuit ends. Besides, he advised there are “other factors at play” that could send Ripple’s native asset to the “moon”.
Expert Shares Insight As XRP Case Nears Resolution
The XRP case has gained notable traction over the past few days, especially under the new US administration under Donald Trump. Recently, Ripple and the US SEC filed a joint motion after their mutual settlement, with both parties urging the Appeals Court to hold the Appeals in “Abeyance.”
However, in a recent X post, a renowned figure in the XRP community, “All Things XRP” shared his thoughts on the Ripple Vs SEC lawsuit. In other words, the XRP influencer has sounded an alert to the Ripple investors, urging them to have a realistic outlook on the future of the crypto.
Experts Share Realistic Outlook On Ripple Vs SEC Lawsuit
All Things XRP cautioned that those expecting XRP to “moon” right after the lawsuit ends may already be behind the curve. According to him, the price impact of a lawsuit victory has likely been already “priced in” by the market.
He emphasized that XRP price’s future growth hinges on Ripple’s next steps, such as partnerships, product expansion, and utility-based developments. “That’s where the action will be,” he wrote, suggesting that post-case developments, not the legal outcome, would drive long-term price growth.
Other Factors At Play
A fellow community member questioned this logic, asking how XRP once hit $3.40 but now struggles to cross $2.20. The influencer responded by stating there are “other factors at play,” hinting at broader market conditions and macroeconomic dynamics.
Meanwhile, some believe a short-term pump could occur after a legal win. However, others agree with the view that lasting gains depend on adoption and utility. One user, XRP Moon Shot, commented that ETFs and real-world use cases will be the true catalysts. All Things XRP endorsed this sentiment, calling it a “fair call.”
XRP Price Dips: What Lies Ahead?
XRP price today fell more than 1.5% and exchanged hands at $2.13 while its one-day volume rose 23% to $4.48 billion. Despite the recent positive developments, it appears that Ripple’s coin has failed to witness a massive breakout, suggesting that investors are still trading cautiously amid the macroeconomic woes.
However, a recent Ripple price analysis cited the top three reasons why Standard Chartered has set a target of $5.5 for the asset by 2025 end. This article has also cited XRP case resolution as one of the key reasons that could help drive the prices higher.
Simultaneously, the recent successful launch of the US XRP ETF has further fueled market optimism. Notably, the Teucrium XRP ETF recorded a 5-day inflow streak through Friday last week, reflecting a steady demand from the traders.
Rupam Roy
Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.