Bitcoin

The April 16th Verdict That Could Skyrocket XRP’s Price

The next April 16 will be a very crucial day for the XRP market. On that day, an American court will declare its final decision on the SEC trial against XRP. Considering that the political climate of the United States government has moved to cryptographic industry after the victory of Pro-Crypto chief Donald Trump

Overvoltage of 300% XRP in four months

On November 5, 2024, the day the political climate in the United States moved in favor of the cryptocurrency market, the XRP price was $ 0.5044. Since then, the XRP market has jumped more than 329.16%. In November 2024 alone, the market jumped no less than 281.7%. This year, the market has shown mixed performance. In January 2025, the market increased by 46%. The previous month, the market dropped by around 29.3%. However, this month, so far, the market has increased 1.51%.

In the first two days of the month, the market increased by more than 37.05%. On the third day of the month, he dropped almost 18.70%. Although between March 4 and 6, with growth of 8.93%, XRP tried to recover from the correction, the market went from $ 2,6004 to $ 2,1353 between March 7 and 9. The current XRP price amounts to $ 2,1706.

The dry trial is approaching a final decision

As mentioned above, on April 16, an American court will decide on the fate of the trial brought by the dry against XRP.

The Trump administration has introduced several pro-Crypto policies, including the creation of a special crypto working group under the American SEC to create a regulatory framework for Clear Crypto and the appointment of pro-Crypto executives in key positions.

Even the SEC has adopted policies supporting the position of the new administration in the cryptocurrency sector.

On February 27, 2025, the regulator filed a joint stipulation with Coinbase Inc, and Coinbase Global Inc, to reject the current action of the law against the two entities. Suffed, the dry has not yet made any comments on its legal battle against XRP. However, there are rumors that the government led by Trump could intervene to end the trial.

What is the height of XRP? Price predictions

According to reports, if XRP won the trial, the price of this crypto could bounce back at its $ 3.84 summit.

Above all, XRP’s victory in the legal battle against the dry will create a favorable environment for the inclusion of this crypto in the new strategic reserve of American crypto and the launch of Spot XRP ETF.

An analysis by Bloomberg suggests that there is a probability of 65% for an ETF XRP spot to receive the approval of the dry this year. Some analysts predict that the XRP market could reach at least $ 10 if XRP is added to the American reserve.

Some extremely optimistic analysts provide that if the trend continues, the market could reach $ 100.

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