People from the popular community have issued wake-up calls to XRP holders, urging them not to expect prices to rise anytime soon after the SEC and Ripple cases have officially ended.
“All Things XRP” highlighted investors who are hoping that XRP prices will skyrocket soon after the end of the SEC case. Commentators suggested that the expected price rise has already happened from the resolution in the lawsuit.
Therefore, we believe XRP will not experience any major spikes after the SEC officially shuts down its lawsuit against Ripple.
Potential opportunities for XRP rally
However, all of the XRP shows Ripple's next move after the resolution of the lawsuit will help drive XRP prices.
They emphasized that “real movement” comes from certain ripple-related actions. This could include the company forming new partnerships with top entities, increasing the usefulness of XRP, and potentially performing “big theatre.”
Additionally, commentators encouraged the community to remain vigilant and to pay attention to these actions, rather than anticipating an explosive gathering after the lawsuit was over.
Price action after the XRP election
Remember, following President Donald Trump's reelection, XRP recorded stable profits. XRP rose 569% on January 20th from a multi-year high of around $0.5 to $3.3472.
Investor expectations for the conclusion of the lawsuit after Trump's victory were the main driver behind the rally. The forecast was the climax on the inauguration day on January 20th, when XRP reached $3.3472.
However, XRP has not experienced any major gatherings since. Instead, despite Ripple announced he agreed to withdraw the lawsuit, he lost most of his post-election profits, falling below $2.
In a recent filing, the SEC also confirmed that negotiations are ongoing to resolve the lawsuit. The parties have requested jointly suspend the lawsuit for two months. Nevertheless, XRP did not experience any significant price surges.
As a result, XRP is Secv. We believe that the expected gatherings from the potential resolution of Ripple's case are already priced. Therefore, we do not expect XRP to set the stage at a major gathering shortly after the lawsuit ends.
However, they hope that Ripple's future actions, including important partnership news, will guide XRP's “real moves.”
Next steps to solving a ripple case
Meanwhile, the SEC must approve a settlement with Ripple before closing the lawsuit. The SEC will inform the Second Circuit of its decision.
If they decide to resolve the case, the SEC and Ripple will jointly file an appeal to trial with Analysatores stating the terms of the settlement, including rejecting the permanent injunction and denying the defendant who will pay a $50 million fine.
Legal critics like HODL Law's lawyer Fred Rispoli hope that Ripple cases will be fully resolved by late May 2025.