The Ripple vs. SEC lawsuit is nearing its conclusion. Market participants are increasingly focused on how XRP’s price may react upon achieving legal clarity.
Current Status of the Ripple Lawsuit
The lawsuit is in its final stages. On June 27, Ripple CEO Brad Garlinghouse confirmed that Ripple is withdrawing its cross-appeal. The SEC is also expected to drop its appeal. This follows a decision by Judge Analisa Torres on June 26 to deny a joint motion seeking to reduce Ripple’s penalty and remove the injunction on institutional sales of XRP. The appeals process is temporarily paused until August 15, 2025, as both parties work toward finalizing a settlement.
Gemini’s XRP Price Forecasts
According to projections from Gemini, the conclusion of the SEC lawsuit may serve as a significant price catalyst for XRP. In the short term, which refers to the first one to three months after the lawsuit concludes, Gemini predicts that XRP could rise to a range of $2.50 to $3.50, assuming the removal of legal uncertainty increases demand, particularly from U.S.-based market participants. In the medium term, defined as three to six months following the lawsuit’s conclusion, Gemini expects the price to stabilize at a higher range of $4 to $6, representing a new all-time high.
Long-term Outlook for XRP
In the long term, extending six to eighteen months after the settlement, Gemini forecasts that XRP could appreciate further to a range of $6 to $10, contingent on the approval of several spot ETFs and increased institutional adoption. In an extremely bullish scenario, XRP could temporarily reach up to $12, depending on broader market growth.
In summary, market participants expect that the conclusion of this lawsuit could significantly impact XRP's price, creating conditions for growth depending on various factors, including institutional liquidity and market conditions.