Will XRP Rocket to $20 by 2025 After Hitting $1.98?

  • XRP up 8.36% to $1.98 as Ripple-SEC case nears $50M settlement. 
  • Trump’s tariff halt helps cryptocurrency; XRP targets $20, experts doubtful.

XRP, the cryptocurrency developed by Ripple Labs, showed a significant price rise that caused investors and professionals to show intense interest. XRP recorded an 8.36% growth, which led its value to rise to $1.98. With its recent price increase, XRP has renewed speculation about its ability to reach $20 by 2025.

Holders of XRP will find the current price movement extremely motivating. In the past 24 hours, CoinMarketCap reveals that XRP maintains a marketplace value of $112.83B and a trading volume of $7.27B. 

Technical indicator data signals further price increases for XRP. Prices for the token surpassed key resistance at $2 earlier in the day. It reached between $1.77 and $2.09 during a 24-hour period.

The market value has risen due to favorable Ripple court proceedings against the Securities and Exchange Commission and general market recovery alongside rising XRP usage for international transactions and Trump’s tariff freeze decision.

Trump Tariff Pause and Market Recovery

The cryptocurrency market demonstrates positive recovery today because the Trump administration implemented a temporary tariff freeze, which originated from market-wide financial concerns. The new policy has affected all significant cryptocurrencies positively, while XRP demonstrates one of the greatest daily market gains.

The positive market changes due to the implementation of the tariff pause and the progress in Ripple’s SEC lawsuit have combined to produce XRP’s impressive upward movement in prices.

Ripple vs. SEC: A Crucial Factor

XRP’s price has suffered from the SEC–Ripple lawsuit as an ongoing weight for several years and shows promising signs that the legal battle could end soon. A confidential meeting of the SEC today generates expectations about a fast-approaching official resolution.

In March, Ripple CEO Brad Garlinghouse announced that Ripple and the SEC made an agreement to cancel their ongoing appeals during his initial statement about the situation. Stuart Alderoty, who serves as Ripple’s Chief Legal Officer, disclosed that Ripple settled its dispute with the SEC. Ripple agreed to pay a lowered fine amount of $50 million instead of $125 million.

The SEC is reportedly going to petition Judge Torres to end restrictions on XRP institutional trading. This would empower Ripple to draw greater institutional participation in its network. Fred Rispoli has analyzed upcoming SEC developments through his expertise, as he believes that the SEC will either settle or withdraw its appeal by April 16, 2025.

Pending settlement in the SEC case has XRP traders and investors hopeful. The SEC’s formal abandonment of its appeal during the current period would create a major victory for Ripple by establishing XRP’s regulatory status as an asset outside the security classification.

The benefit of such a resolution would eliminate legal confusion while allowing XRP to gain broader institutional adoption through services that utilize Ripple’s On-Demand Liquidity (ODL) platform. The ODL platform provides instant cross-border payment solutions that use XRP to serve major financial institutions worldwide.

XRP holders draw their long-term optimism from the market rally and potential judicial decision towards XRP status. XRP supporters base their $20 prediction on its pragmatic use cases. They also highlight its active user base. Additionally, they point to its potential organizational acceptance.

Various analysts approach the future of XRP with differing perspectives because they recognize legal uncertainty alongside market volatility. They also consider competition from alternative cryptocurrencies. Analysts believe XRP will see more growth, but they doubt its ability to reach $20 within five years.

Source: https://www.livebitcoinnews.com/will-xrp-rocket-to-20-by-2025-after-hitting-1-98/