Following Ripple's legal win against the SEC, many anticipated a spike in XRP's price. However, the market remains cautious, and investors are left wondering.
XRP's Slow Reaction to Court Victory
After news broke of the SEC dropping the case against Ripple, XRP briefly surged by 16% to $2.60 but quickly fell back to $2.38. Investors are questioning why the price didn't continue to rise. Crypto analyst Armando Pantoja pointed out the lack of an official SEC statement as a key factor holding back investment, preventing an immediate price surge. Johnny Krypto, co-founder of Merlin, believes this muted reaction is normal as markets often rally on speculation and stabilize when news is confirmed.
10x Rally Unlikely Overnight
Many expect XRP to reach double digits, but Pantoja warns this won't happen overnight. Unlike meme coins, XRP is influenced by derivatives and institutional trading, making sudden spikes unlikely. Pantoja predicts a 10x rally will come, but not in the next 24 hours, urging investors to be patient.
What Will Drive XRP Higher?
With the lawsuit behind it, XRP's next big move will depend on real-world adoption. Krypto believes institutional investment, major partnerships, and growing use cases, such as cross-border payments, will be key drivers of price growth. While XRP may remain stable short-term, analysts see huge long-term potential.
While XRP may remain stable in the short term, experts believe that in a strong bull cycle, XRP could climb to $8 or beyond. However, the crypto market remains unpredictable, and patience will be key for investors.
