In a recent discussion, Edoardo Farina, CEO of Alpha Lions Academy, outlined the primary directions in which XRP may develop. Focus is placed on the resolution of legal disputes and increasing interest in the asset.
End of XRP's Legal Troubles
One of the most significant events for XRP has been the resolution of the long-running lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC). In late March, the SEC agreed to withdraw its appeal against Ripple, allowing for the removal of a permanent injunction on XRP sales and reducing Ripple's penalty from $125 million to $50 million. The community is eagerly awaiting the outcome as this could provide legal clarity for XRP in the U.S.
Potential of XRP in the Market
Farina noted that XRP is gaining traction even among skeptics, including Bitcoin maximalists. Davinci Jeremie, a well-known Bitcoin advocate, recently predicted that XRP could rise to $24 by the end of 2025, indicating a growing interest in the asset within the cryptocurrency community.
Global Payments and CBDCs
Farina also highlighted that XRP, with its advanced technology, could challenge SWIFT, the traditional messaging system for interbank transactions. The increased demand for faster and more transparent payment systems could open doors for XRP in this regard. Additionally, XRP is actively involved in the development of Central Bank Digital Currencies (CBDCs), which may enhance its position as a neutral bridge currency between fiat systems.
XRP is positioned for significant changes that may impact its market perception and status as a global reserve currency. Success in legal matters and collaborations with central banks could provide XRP with new growth opportunities.
