Ripple vs SEC Lawsuit: Could XRP Skyrocket After the April 16 Verdict?
The post Ripple vs SEC Lawsuit: Could XRP Skyrocket After the April 16 Verdict? appeared first on Coinpedia Fintech News
The upcoming April 16 will be a very crucial day for the XRP market. On that day, a US court will declare its final decision on the SEC lawsuit against XRP. Considering that the political climate in the U.S. government shifted in favour of the crypto industry after the victory of pro-crypto leader Donald Trump 
Donald Trump
Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election
President
in the U.S. presidential election, crypto enthusiasts believe that the decision of the court will be favourable to the XRP market. Reports indicate that if XRP wins the case, it will see massive growth. The big question is: How high can the XRP market go?
XRP’s 300% Surge in Four Months
On November 5, 2024, the day when the political climate in the U.S. shifted in favour of the cryptocurrency market, the price of XRP was $0.5044. Since then, the XRP market has surged by over 329.16%. In November 2024 alone, the market surged by no fewer than 281.7%. This year, the market has shown mixed performance. In January 2025, the market grew by 46%. In the previous month, the market dropped by around 29.3%. However, this month, so far, the market has seen a growth of 1.51%.
In the first two days of the month, the market climbed by over 37.05%. On the third day of the month, it plummeted by nearly 18.70%. Although between March 4 and 6, with a growth of 8.93%, XRP attempted to recover from the correction, the market slipped to from $2.6004 to $2.1353 between March 7 and 9. The current XRP price stands at $2.1706.
SEC Lawsuit Nears a Final Decision
As mentioned earlier, on April 16, a U.S. court will decide the fate of the lawsuit filed by the SEC against XRP.
The Trump administration has introduced several pro-crypto policies, including the establishment of a special crypto task force under the U.S. SEC to create a clear crypto regulatory framework and the appointment of pro-crypto executives in key leadership positions.
Even the SEC has adopted policies supporting the new administration’s stance on the cryptocurrency sector.
On February 27, 2025, the regulator filed a joint stipulation with Coinbase Inc, and Coinbase Global Inc, to dismiss the ongoing civil enforcement action against the two entities. Suspiciously, the SEC has not yet made any comments on its legal battle against XRP.However, there are rumours that the Trump-led government may intervene to end the lawsuit.
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How High Can XRP Go? Price Predictions
According to reports, if XRP wins the lawsuit, the price of this crypto could rebound to its all-time high of $3.84.
Importantly, the victory of XRP in the legal battle against the SEC will create a favourable environment for the inclusion of this crypto in the newly proposed U.S. Crypto Strategic Reserve and the launch of spot XRP ETFs.
A Bloomberg analysis suggests that there is a 65% probability for a spot XRP ETF to receive approval from the SEC this year. Some analysts predict that the XRP market could rise to at least $10 if XRP is added to the U.S. reserve.
Certain extremely optimistic analysts forecast that if the trend continues, the market could reach as high as $100.
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