Ripple’s IPO and SEC Clarity Could Propel XRP to $10

• The resolution of Ripple’s lawsuit with the SEC could provide regulatory clarity and unlock XRP’s potential.
• XRP’s fast and low-cost transaction capabilities make it a strong contender for financial applications.
• Institutional growth through IPOs, ETFs, and possible partnerships could significantly boost XRP’s adoption.

Ripple’s ongoing legal conflict with the SEC appears to be nearing a resolution, sparking optimism among XRP supporters. Rumors of an urgent meeting to discuss a settlement, coupled with SEC Chair Gary Gensler’s resignation, have fueled expectations for regulatory clarity.

Edoardo Farina, CEO of Alpha Lions Academy and Head of Social Adoption at XRPHealthcare, predicts these developments could push XRP’s price to $10.

Regulatory Clarity Could Unlock XRP’s Full Potential

Farina highlights the importance of regulatory clarity for XRP’s growth. Judge Analisa Torres’ July 2023 ruling that XRP is not a security set the stage for increased institutional adoption.

He argues that a settlement under pro-crypto leadership could unleash XRP’s suppressed market value. Farina believes political shifts, including Gensler’s resignation and a potential pro-crypto Trump administration, would create favorable conditions for Ripple.

Farina referred to XRP as “Bitcoin 2.0,” citing its ability to process transactions in under three seconds at minimal cost as a game-changer for real-world applications. Institutional interest in XRP continues to grow, with firms like Grayscale, Bitwise, and 21Shares filing for XRP ETFs. Farina believes these ETFs would further boost demand and adoption.

Ripple’s IPO Could Boost Investor Confidence

Farina expects Ripple’s upcoming IPO to attract new investors and increase network activity. He believes such a listing could boost Ripple’s visibility and attract new investors to the XRP network. Ripple’s efforts to replace traditional Nostro-Vostro accounts with XRP as a global reserve currency could reduce circulating supply, further driving up demand.

Read also: Ripple CEO Sees a Bullish Future for XRP Under Trump Governance

Farina discusses a possible partnership between Ripple and Elon Musk’s X platform. Musk’s vision for X as a payments hub aligns with XRP’s capabilities for fast, low-cost cross-border transactions. Farina argues that such a relationship could transform creator payouts and raise XRP’s value.