In 2025, $XRP becomes a focal point due to the resolution of the SEC vs Ripple case and the planning of an ETF launch.
SEC vs Ripple Case Resolved
The lawsuit between the SEC and Ripple, dating back to 2020, finally reached a conclusion. The SEC had accused Ripple of selling unregistered securities ($XRP) during their ICO in 2013. However, in July 2023, a U.S. court ruled that $XRP is not a security when sold on public exchanges. As a result, the SEC dropped charges against Ripple's founders, Garlinghouse and Larsen, although they continued seeking penalties. The appeal deadline is January 15, 2025, coinciding with SEC Chair Gary Gensler's departure.
$XRP ETF Plans
Four firms, including 21Shares and Bitwise, have applied for an $XRP-based ETF. According to Polymarket predictions, $XRP has a 71% chance of approval this year. With changes in SEC leadership, an approval could boost $XRP's price by late this year.
$XRP Strategic Reserve
In a recent interview, Ripple's CEO Brad Garlinghouse mentioned the concept of a strategic reserve in cryptocurrencies, including Bitcoin. This has sparked discussions within the $XRP community about potential currency reserves that could lead to price increases.
The events of 2025, including court rulings and ETF plans, shape the future of $XRP, raising positive expectations in the community.