XRP is still enjoying the benefits of the positive ruling from Judge Analisa Torres.
With a price on the bounce, experts suggest more upsurge is underway but will be fueled by its utility.
Judge Analisa Torres’ July 13 ruling that XRP is not security in Ripple’s almost three-year-long lawsuit with the United States Securities and Exchange Commission (SEC) may have had an enormous lasting effect on the coin’s price and the ecosystem. To track this last impact, cryptocurrency analysts and financial experts have recently adopted a trend of predicting huge price gains for the XRP token.
Following Ripple’s latest development of becoming a member of the $1.2 quadrillion derivatives market’s International Swaps and Derivatives Association (ISDA), the popular analyst known as Digital Perspectives on X (formerly referred to as Twitter) predicted an intimidating price gain for XRP.
According to his tweet, one XRP may be valued at $1,896 in the future as it will be driven by adoption.
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