🏆 Ripple Scores Historic Victory Redefining Crypto’s Legal Landscape
Speculation continues to swirl about potential BlackRock filings for SOL and XRP ETFs, but a major breakthrough has already been confirmed Ripple has officially concluded its nearly five year legal battle with the U.S. Securities and Exchange Commission (SEC).
According to market commentator Web3BPP, the court’s decision clarified that secondary market sales of XRP do not qualify as securities transactions. This landmark ruling triggered an immediate rally in XRP’s price, lifting it 11% to $3.33 capping off an impressive 31% gain for the month and a staggering 500%+ surge over the past year.
In the near term, analysts have set their sights on $8 as the next target for XRP. Looking further ahead, some bullish forecasts project that the token could reach as high as $1,000 by 2030, especially if BlackRock moves forward with a spot XRP ETF filing expected by October a step that could funnel billions in institutional capital into the asset.
Web3BPP also highlighted Ethereum’s recent strength, with ETH climbing 7% this week to $3,908. The rally has been fueled by whale accumulation and increasing corporate adoption, reinforcing its status as both a reliable store of value and a versatile blockchain for enterprise use.
Market experts anticipate that Ethereum could hit $5,000 before year-end, supported by growing interest in ETH-focused ETFs and upcoming network upgrades aimed at boosting scalability, efficiency, and security.
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