April 16 will be a decisive day for XRP as a US court is set to deliver its verdict on the SEC lawsuit. This event could greatly affect the cryptocurrency's market.
XRP's 300% Surge in Four Months
On November 5, 2024, when the political climate in the US shifted in favor of the cryptocurrency market, the XRP price 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%. In January 2025, it grew by 46%, but last month it dropped by around 29.3%. So far this month, there has been an increase of 1.51%.
SEC Lawsuit Nears a Final Decision
As mentioned, on April 16, a US 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 SEC and appointing pro-crypto individuals to key positions. Even the SEC has taken steps to support the stance on the cryptocurrency sector, creating a new regulatory framework.
How High Can XRP Go? Price Predictions
According to reports, if XRP wins the lawsuit, its price could rebound to its all-time high of $3.84. Victory in the lawsuit will create favorable conditions for XRP to be included in the newly proposed US Crypto Strategic Reserve and for launching spot XRP ETFs. A Bloomberg analysis suggests a 65% probability of approval for a spot XRP ETF this year. Some analysts predict that if XRP is added to the US reserve, its price could soar to at least $10. Extremely optimistic analysts forecast a market high as $100 if the trend continues.
The SEC lawsuit ruling could significantly impact XRP's future. The market is poised for high volatility dependent on the case outcome.
