Ripple and the SEC are engaged in a legal battle and the outcome could make or break the price of XRP. Reports state that the court is likely to make a ruling soon that could be in Ripple’s favor. The Ripple v/s SEC lawsuit began in late 2020 after the SEC alleged that Ripple had illegally executed security offerings of the XRP digital assets. The ongoing legal saga has hampered the price of XRP in the indices.
The Finder panel reviewed the case’s pros and cons and published a new price forecast for XRP. The panel is a gathering of 55 industry experts who collectively determine the price of XRP.
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XRP Price Prediction 2025: What Happens If Ripple Wins?
The Finder panel examined the lawsuit and predicted that if Ripple wins the case, XRP could reach its peak of $3.81 by 2025. The crypto is hovering around $0.46 on Monday and barely rose in price in 2022.
However, the Finder report predicts that if Ripple loses the case against the SEC, the price of XRP could be $0.98 by 2025. The panel predicts that the crypto will find it difficult to climb above $1 if the SEC wins the lawsuit.
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Therefore, XRP could trade on the back foot for three years and not deliver the desired results in the long run.
By 2022, the panel predicts that XRP could end up at $0.90 in December if it wins the case. On the other hand, the panel claims that the crypto could crash to $0.24 if the ruling goes in favor of the SEC.
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In conclusion, XRP’s price performance is solely in the hands of the law and judgment can make or break the crypto. It is advised to remain cautious with XRP until the final court verdict is issued. The crypto is on the cross chairs that can swing in both directions after the verdict.
At the time of writing, XRP was trading at $0.46 and was down 3.3% in 24-hour trading. It is down 86.2% from its all-time high of $3.40, which it reached in January 2018.