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XRP is holding its ground as one of the strongest performers in the crypto market right now, even as Ripple’s long legal fight with the U.S. Securities and Exchange Commission (SEC) approaches its final chapter. While the case isn’t officially over, Ripple has announced that it will drop its cross-appeal, and now all that’s left is for the court to decide on the final penalty.
This is a big deal for XRP holders because it removes one of the biggest clouds hanging over the token for the past four years. With that uncertainty slowly clearing, XRP has been trading steadily above the $2 mark, a level it struggled to reach for years. Analyst Crypto Cam opened up about XRP and what’s next for the price:
Ripple’s CEO Sends Out Bullish Signals
Ripple CEO Brad Garlinghouse has been openly positive about what’s coming next. His recent public comments suggest Ripple has big plans ahead. The company is actively working on expanding its services, including applying for a national banking license in the U.S. and securing a Federal Reserve master account. Moves like these could open new doors for Ripple to operate more directly within the traditional financial system.
XRP’s Price Action Looks Promising
Even with global market uncertainty and tensions around the world, XRP has remained solid. Bitcoin may be nearing $110,000, but XRP’s steady climb and resilience above $2 is turning heads. Especially considering how long it spent stuck around $0.50 while the lawsuit dragged on.
Now, with legal worries fading, analysts are turning their attention to new price targets. XRP could soon test the $3, $4, or even $5 levels if current sentiment continues.
Why the XRP Community Is Excited
The mood within the XRP community has shifted too. Ripple’s recent conferences and events have seen huge turnouts, showing just how much support and belief remains around the project. And with Ripple working to bridge traditional finance with blockchain technology, the company seems well-placed to lead in the next chapter of the crypto market.