XRP to explode as SEC settlement reached; This cheap payment token is set to follow
The post XRP to explode as SEC settlement reached; This cheap payment token is set to follow appeared on BitcoinEthereumNews.com.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple’s settlement with the SEC could trigger an XRP price surge, and shine a spotlight on rising cross-border payment tokens like Remittix. Ripple’s prolonged battle with the Security and Exchanges Commission (SEC) is drawing to a close. The regulatory agency recently confirmed that it has reached a settlement with the blockchain company, a development that sent the crypto world into a frenzy. The general feeling is that the XRP price is about to go on an explosive rally. But how high will it go? And more importantly, how will this judgment affect upcoming cross-border payment solutions like Remittix (RTX)? Read on to find out. SEC confirms XRP settlement agreement On the May 9, the SEC confirmed that its case with Ripple has been settled. In a letter to Analisa Torres, a United States District Court Judge for the Southern District of New York (SDNY), the SEC conveyed its position and also revealed that Ripple’s previous $125 million fine had been reduced to $50 million. XRP price appreciated sharply after the announcement. Source: Coingecko This marks the end of the blockchain company’s legal tussle with the government agency. The disagreement spanned several years, threw XRP in a bad light and dampened its prospects. Following the development, the XRP price appreciated rapidly, heading towards $2.5 for the first time since March. XRP forecast: Expert predicts a rally towards $5 According to renowned crypto analyst EGRAG, the XRP price is well-poised to rally to $4.85. Citing historical data, they predict that XRP could replicate its 2020-2021 run and fetch current investors returns of over 1,000%. XRP’s impending surge. Source: Gun45/TradingView Technical indicators agree with this bullish prediction. The XRP price just rose…
Filed under: News - @ May 13, 2025 7:24 am