TLDR
- XRP’s $12.6 price target seems more achievable after the SEC ends its case against Ripple.
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XRP has surged over 550% since November, pushing its price to over $3.
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XRP’s market cap is over $190 billion, but overvaluation risks persist.
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Ripple’s legal victory and ETF launches boost XRP’s growth potential.
XRP price target of $12.6, which seemed distant a few months ago, is now becoming more attainable. Following the conclusion of the SEC’s long-running case against Ripple, cryptocurrency analyst Ali Martinez believes the digital asset has a clearer path to this bullish price point. Martinez highlighted that XRP’s breakout in November 2024 from a multi-year triangle pattern set the stage for substantial gains, with $12.6 now appearing to be within reach.
The resolution of the SEC case removes a significant cloud of uncertainty hanging over XRP. With the legal battles behind it, XRP can now focus on further developing its market presence, including the growing popularity of exchange-traded funds (ETFs) based on XRP.
Ripple’s Legal Victory and What It Means for XRP’s Price
The SEC case against Ripple Labs was a long-running legal battle that caused volatility and uncertainty in XRP’s price. On August 11, SEC Chairman Paul Atkins confirmed the case had been closed. The closure of this case is seen as a major milestone for Ripple and XRP, as it removes a key barrier for the asset’s growth.
Ripple’s Chief Legal Officer, Stuart Alderoty, expressed gratitude for the SEC’s decision and praised the leadership in moving towards clearer crypto regulations.
With the case resolved, Ripple can now focus on expansion and partnerships without the legal pressure. Martinez believes this clears the way for XRP to target its $12.6 price target and potentially achieve even higher levels.
XRP ETFs and Growing Market Demand
In 2025, the launch of XRP-related ETFs has further fueled optimism surrounding the token. While a spot XRP ETF has not been approved in the U.S., it is already available in countries like Canada, Brazil, and Europe.
Additionally, a futures XRP ETF has launched in the U.S., further driving institutional interest in the token.
The approval of XRP ETFs is seen as a crucial step in legitimizing the cryptocurrency and providing new avenues for investment. Analysts predict that if a spot XRP ETF were approved in the U.S., it could lead to substantial price growth. Martinez’s target of $12.6 seems more plausible with this growing institutional support.
Overvaluation Risks Amid XRP Price Bullish Momentum
While XRP’s price has surged by over 550% since November, there are concerns about its potential overvaluation. XRP’s market capitalization now stands at $190 billion, but its total value locked (TVL) is only $85 million, which raises questions about its long-term sustainability.
Despite these concerns, the ongoing growth of Ripple’s XRP Ledger (XRPL) and increasing ETF launches support a more bullish outlook.
However, metrics show that over 95% of XRP’s supply is currently in profit, and historically, such conditions have led to significant sell-offs. This could create downward pressure on XRP’s price, challenging its ability to sustain its bullish momentum.
