The cryptocurrency market is on edge as speculation intensifies regarding a potential settlement in the long-standing Ripple vs. SEC lawsuit. While many investors anticipate a favorable ruling that could propel XRP’s price upward, legal expert Bill Morgan has issued a warning about the ongoing uncertainty.
XRP Under Pressure Amid Ripple SEC Case
The recent trend of the U.S. Securities and Exchange Commission (SEC) dismissing certain crypto-related lawsuits has fueled optimism for an early resolution to the Ripple case. Many analysts predict that a favorable verdict could lead to a surge in XRP’s price. However, Morgan cautions that the prolonged legal battle and the uncertainty surrounding its resolution could have an adverse impact on the token’s market performance.
Taking to X (formerly Twitter), Morgan stated, “I increasingly wonder whether, despite all the rumors of a settlement, the continuing uncertainty about the SEC v Ripple appeal will eventually exert negative pressure on XRP’s price.” This uncertainty could potentially trigger a bearish trend for XRP in the near term.
As the weeks and months pass, I increasingly wonder whether despite all the rumours of a settlement, the continuing uncertainty about the end or continuation of SEC v Ripple appeal will eventually increasingly exert a negative pressure on XRP price.
— bill morgan (@Belisarius2020) March 18, 2025
Ripple’s Growth Unhindered by SEC Case
Despite the ongoing legal challenges, Ripple’s Senior Vice President, Eric van Miltenburg, remains optimistic. He recently stated that Ripple’s expansion continues globally, largely unaffected by the SEC’s actions. Miltenburg even suggested that the lawsuit is more of a “theater” that has already been resolved behind closed doors.
Adding to the bullish sentiment, Miltenburg highlighted XRP’s growing adoption in the U.S., reinforcing the argument that the lawsuit has had little impact on Ripple’s broader ambitions. He went further to claim that XRP is a “geopolitical asset” rather than a security, pushing back against the SEC’s stance.
What’s Next for XRP Price?
The Ripple lawsuit remains a polarizing topic, with legal experts offering mixed opinions on its potential outcome. While some, like MetaLawMan and Jeremy Hogan, foresee further delays, others, including lawyer Fred Rispoli, anticipate an early resolution by mid-year.
At press time, XRP is trading at $2.28, reflecting a 2.19% daily decline. Over the past week, the token saw a 9.47% surge but suffered a 17% loss in the last month. Meanwhile, its 24-hour trading volume dropped by 12.5% to $3.66 billion.
Despite the current price volatility, analysts remain optimistic. Notably, Good Morning Crypto has projected an XRP surge this spring, with some bullish forecasts even setting an ambitious $100 target for the token during this cycle.
Also Read: Ripple vs. SEC Update: Is a Settlement Finally on the Horizon? Key Legal Battles Unfold
While speculation about a potential Ripple SEC case settlement continues, uncertainty remains a significant factor in XRP’s price action. Whether the legal battle concludes soon or drags on, its outcome will undoubtedly shape the token’s future trajectory.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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