According to Smart Degen, the market analyst, XRP may be on a significant growth trajectory following an important legal breakthrough. The long-standing lawsuit between the SEC and Ripple has officially ended, with both parties withdrawing all appeals. The previous ruling by Judge Analisa Torres is now the final ruling, and XRP is fully legally transparent in the United States.

This decision has sparked a boom in international trading. Upbit, a Korean exchange, announced that it processed 1.09 billion XRP in 24 hours. Statistics show that this figure accounts for 40% of the total cryptocurrency trading volume in the country, indicating that retail demand is at a high level.

XRP is currently priced at around $3.00, bringing a market capitalization of $138 billion. Smart Degen predicts that a rise to $10 would push the valuation to around $460 billion. He compares this opportunity to Ethereum, which had a market cap of $550 billion in 2021, and argues that XRP currently has advantages in regulatory transparency, utility in cross-border payments, and potential to become a catalyst in ETF funds.

Interest in XRP-related ETF prospects is growing, with Franklin Templeton reportedly filing for an XRP ETF with a 78% chance of approval. Other major financial firms, such as Fidelity and VanEck, are said to be preparing to enter the market. Analysts believe that ETF approval will further drive growth and open up the $150 trillion international cross-border payment market.

Building Momentum for Organizations and Retail

Smart Degen revealed that he bought XRP at $0.40 during the market downturn and has maintained his position since then. He stated that he would take partial profits if the token price reaches $10, while keeping the rest to wait for potential growth above $25 if the ETF growth momentum continues.

With the lawsuit resolved and increasing institutional interest, XRP has become the first major cryptocurrency in the United States to gain complete legal assurance. This milestone is expected to strengthen XRP's position in the payment sector and could further drive the price up if market conditions align with analysts' predictions.