Bill Morgan, a lawyer focused on cryptocurrency issues, projects a likely dismissal of the SEC's lawsuit against Ripple before August 2025. The Ripple community anticipates positive changes that could influence XRP's price.
Bill Morgan's Prediction
Bill Morgan suggests that the SEC's appeal in the case against Ripple may be dismissed before a critical procedural date. Expectations within the community are high, but no formal announcements have been confirmed by the SEC or courts. Morgan noted, 'The SEC needs to report to the appeal court by 15 August 2025, which acts as a deadline… although it may just ask for more time.'
Impact of Dismissal on XRP Market
The XRP market could experience substantial shifts if the lawsuit is dismissed. There is an anticipation of increased institutional interest, which could drive prices and encourage more widespread adoption of XRP among corporations. Notable corporate interests in XRP have been recorded, which may hold significant economic implications.
XRP Price Outlook
If the lawsuit is dismissed, market volatility and price rallies for XRP are possible. Analysts forecast potential price ranges from $3.50 to $5.00 by year-end, with a possibility of reaching six or seven figures.
The dismissal of the lawsuit could play a crucial role in shaping the XRP market and increasing interest from both investors and corporations. Expectations for positive outcomes are significant for the Ripple community and the broader cryptocurrency industry.
