XRP Coin, one of the largest altcoins, directs its efforts towards recovery following its legal battle with the SEC and ecosystem development.
Ripple Developments
Blockchain infrastructure is becoming increasingly advantageous for payment services and is already being adopted by major industry players. SWIFT remains the primary competitor in global payment infrastructure and is integrating crypto-based solutions. At the XRP Ledger Apex 2025 event in Singapore, Ripple's CEO expressed confidence that they could capture significant market share from SWIFT within five years.
XRP Coin and Legal Proceedings
The latest legal document related to the lawsuit was returned due to procedural reasons. In April, a 60-day settlement period began, and settlement documents are expected to be submitted to the court by June 16. The official conclusion of the lawsuit could lead to a rise in XRP Coin's value. However, failing to file might prolong the appeals process and raise concerns in the market.
Current Targets for XRP Coin
Geopolitical tensions and rising oil prices are affecting risk markets. XRP Coin lost its $2.3 standing and is now targeting the $2.2 support level. If no escalatory statements emerge, markets could stabilize. Current targets for XRP Coin are $2.38 and $2.55.
Ripple aims to regain its market position following the resolution of its lawsuit, which opens new avenues for growth and development of XRP Coin.
