As the rest of the crypto market struggles amid a still very risk-off macro environment, XRP (XRP) has been bucking the trend and forging a higher price.
XRP was last changing hands around $2.26, a solid 20% bounce from its Monday lows. The outperformance versus the rest of the crypto market comes as rumors swirl that the SEC is about to settle its case versus Ripple.
The SEC launched a lawsuit against Ripple back in December 2020, claiming its XRP sales amounted to unregistered securities sales.
This lawsuit has weighed heavily on XRP’s price in recent years as well as hobbling its adoption in the US.
Whilst Ripple won key victories against the SEC in recent years, confidence in its future only really began to return when Trump won last November’s Presidential election, amid anticipation that a future Trump administration would take XRP out of the firing line.
And it looks like the SEC under new leadership is just about to live up to expectations.
Headlines suggesting the lawsuit has been dropped could trigger a swift rally for XRP, which could test its earlier 2025 highs in the $3.40 area.
Macro Headwinds to Hobble XRP Upside?
The SEC dropping its case against Ripple would be huge for XRP. Indeed, the crypto is likely to experience significant growth and adoption in the coming years under the pro-crypto Trump administration.
However, short-term risks to the XRP price are rising. Macro conditions are worsening as markets fear a growing likelihood of economic weakness on the horizon, not least because the Trump administration appears to be deliberately taking some steam out of the US economy.
While XRP remains well within its multi-month $1.80-$3.30ish range, a lower correction could be overdue.
A swift drop back to long-term support in the $1.30 area or even back under $1.0 could be on the cards.
Can XRP Go to $10?
But investors with a long-term horizon would do well to accumulate XRP at these levels. Trump has specifically named XRP as a crypto that he favored in the past.
It’s almost impossible to think it won’t do very well between now and the end of Trump’s four-year term.
Could XRP eventually go as far as hitting $10 per token? Well, with people talking about Bitcoin reaching above $500,000, a 5x from current levels, there is no reason why XRP couldn’t match this performance.
Mind of Pepe (MIND): An Even Better Bet?
It’s tough conditions in crypto right now, but once macro turns for the better, it’s likely to be off to the races.
One of the strongest narratives in 2024 was the AI agent narrative. And as AI technology rushes forward, this is likely to remain a huge narrative in crypto later in 2025.
For investors looking to gain exposure to this high potential sector, an exciting new project to consider is MIND of Pepe (MIND).
Built on Ethereum, this AI-driven cryptocurrency distinguishes itself by functioning as a self-evolving agent, leveraging social media and blockchain data to provide trading insights and generate additional tokens for holders.
MIND of Pepe presale has already raised over $7 million in its highly sought-after presale.
The project has undergone a security audit, enhancing its credibility.
With growing interest in AI-integrated cryptocurrencies and a supportive community, MIND of Pepe is well-positioned for potential success in 2025.
Its innovative approach and early momentum may appeal to investors seeking opportunities in the evolving digital asset landscape.
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