XRP Price Forecast – XRP Could Hit $10 as SEC Ends Litigation

Highlights:

• XRP pumps to $3.37 after news that the SEC litigation is over
• Rally could extend to $4 and even highs of $10 as FOMO builds up
• A possible surge in institutional adoption could trigger a rally to $10 

XRP (XRP) is one of the top gainers today, even as the broader cryptocurrency market shows signs of a rebound. In the last 24 hours, XRP has gained by 11% to trade at $3.32 when going to press. XRP trading volumes are also on the rise, and have shot up by 190% to stand at $11.93 billion. This surge in trading volumes as the price increases indicates that money flows quite strongly into XRP.  It is also a hint that the price is likely headed much higher. A couple of factors support such a positive price action for XRP. 

SEC Ends Litigation Against Ripple

One is the news that the SEC has formally ended all the cases against Ripple. As part of the end to the litigation, Ripple will pay $125 million to the SEC, and the injunction against the institutional sale of XRP continues, just like a judge had proclaimed in 2023. The end of the case has reignited optimism for growth in the XRP community and the Ripple team.

After the end of the litigation was announced, Ripple’s Chief Legal Officer, Stuart Alderoty, took to social media and stated, “The end…now back to business!” This statement shows that Ripple can now focus on driving Ripple adoption, a factor that could trigger a rally for XRP to new highs in the short to medium term.

Ripple vs SEC is over

The SEC officially Announces The Joint Stipulation to Dismiss Appeals, Resolving Civil Enforcement Action Against @Ripple and Two of Its Executives @bgarlinghouse and @chrislarsensf https://t.co/W5RiktZl9y pic.twitter.com/qM9aBq7Gvx

— 𝗕𝗮𝗻𝗸XRP (@BankXRP) August 8, 2025

FOMO Around End of Litigation Could Push XRP to $10

The end of litigation paves the way for a rally to new highs for two reasons. One is due to FOMO from investors who expect the price to go higher now that the case is over. XRP’s past price action could trigger FOMO around XRP. Before the litigation started, XRP had been one of the best-performing cryptocurrencies, especially in the 2017 cycle when it went from under $0.10 to highs of $3. The price only stalled after the litigation started, and XRP failed to move with the market in the 2020/21 cycle.

Now that the case is over, investors expect the price to rally to prices as high as $10, and the rush to buy could keep propelling the price higher in the short term. Besides a FOMO-driven rally, XRP could head higher due to the adoption that could follow now that the law is clear. XRP is one of the best payment cryptocurrencies due to its speed, low cost, and scalability.

Stop doubting $XRP:

XRP shocked the world in 2017, rising from $0.003 to $3.31 something critics said could "never happen".

It surged 110,000%, turning $1,000 into $1.1 million in just 1 year.

Now the lawsuits soon over + Trump is coming. It's time to shine #XRP pic.twitter.com/gXxtnG8nGJ

— Armando Pantoja (@_TallGuyTycoon) December 28, 2024

Institutional Adoption of XRP Likely to Gain Traction

The end of the case could also accelerate institutional adoption of XRP. XRP has long been taunted as a potential competitor to SWIFT. This use case for XRP is so strong that if the case continued, banks outside the US would adopt XRP for cross-border payments. Now that the case against Ripple is over, the odds are high that the number of banks adopting XRP for cross-border payments will also increase. The result could be a surge in the price of XRP to new highs.

WOW!

61 Japanese banks have formed a consortium to build a domestic payment platform based on Ripple that also enables cross-border payments!

And every single one of these banks will be using #XRP by 2025! pic.twitter.com/zA3ltUcAhp

— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) August 26, 2024

Technical Analysis – XRP Consolidating After Pump

XRP pumped after the news that the case against Ripple by the SEC had ended. However, the price has started consolidating after the initial pump. XRP is consolidating between the $3.37 resistance and $3.29 support.

If the news-triggered momentum continues, and XRP rallies through the $3.37 resistance, a rally to $ 4 could follow in the short term. On the other hand, if the momentum drops, and XRP drops through the $3.29 support, then a correction to $3.10 could follow. A rally continuation is more likely in the short term of these two scenarios.