A decision that could reshape the entire crypto industry. According to analyst Web3BPP, the court ruled that XRP sales on secondary markets do not qualify as securities transactions. This ruling has fueled a strong market reaction, sending XRP up 11% to $3.33, capping off a 31% gain this month and an incredible 500% surge over the past year.
With this momentum, analysts are eyeing $8 as the next short-term target for XRP, while some long-term projections are going much higher — even suggesting $1,000 by 2030 if a spot XRP ETF, potentially filed by BlackRock in October, comes to life. Such a move could open the floodgates for billions in institutional capital.
Ethereum is also making waves, climbing 7% this week to $3,908. Whales are buying, and enterprise adoption is on the rise, reinforcing ETH’s position as both a store of value and a utility asset for businesses. Many analysts now expect ETH to push past $5,000 before year-end, supported by growing interest in ETH-based ETFs and upcoming network upgrades aimed at improving performance and security.
Between Ripple’s legal win and Ethereum’s growing strength, the market is entering a phase that could set the tone for the next big crypto rally.
