Latest Developments of Currency $XRP
:
Current Prices
- Current XRP price: $2.11
- Market capitalization: $129.24 billion
- Change percentage: -1.30%
Ripple's Case Against the U.S. Securities and Exchange Commission (SEC)
- The SEC filed a lawsuit against Ripple Labs in December 2020, claiming that XRP is not a virtual currency but a security.
- The case has seen multiple developments, including small procedural wins and positive rulings for Ripple.
- The outcome of the case is expected to impact the entire cryptocurrency market ¹.
Price Forecast
- Analysts expect the average price of XRP to reach $3.2 by 2025, an increase of 56.6% from the current price.
- However, forecasts remain uncertain due to fluctuations in the cryptocurrency market.