Ripple’s XRP coin is among the top cryptocurrencies. It is among the most widely used currencies to send money across borders. A According to report XRP, according to the European Securities and Markets Authority’s (ESMA) 2023 forecasts of volume, will outshine Binance BNB and Solana’s SOL. XRP’s market capitalization fell behind SOL and BNB’s last year.
Also Read: Ripple’s XRP Outshines Solana (SOL) and BNB: EU Report
The all-time XRP high was $3.40 back in January 2018. That’s over six years. While the majority of assets saw their respective peaks in 2021 the growth rate for XRP stagnated. This is likely because the SEC’s lawsuit (Securities and Exchange Commission), against Ripple.
Ripple XRP can it reclaim the all-time highest in 2024?
![Ripple (XRP)](https://fxruhanahmed.com/2/wp-content/uploads/2024/05/Ripple-XRP-May-Skyrocket-as-Crucial-Date-in-SEC-Lawsuit.jpg)
XRP’s price rose briefly in 2023 following a partial ruling in Ripple’s favor by a US district Court. It was ruled that the sale of XRP by Ripple to retail customers did not break securities law. Investors are now awaiting the ruling of the High court on the case. If the ruling of the high courts is similar to that in the district court we could see a surge in adoption and prices.
As per ChangellyXRP may regain its highest level in about four years, 2028. The platform projects that XRP could reach a peak price of $3.57, a gain of 573.5% over current levels.
Also Read: Ripple: Analyst Predicts XRP To Surge 250%, Hit $1.88 Target
TelegaonPlatform reveals a bullish outlook for Ripple XRP. Platform predicts XRP will hit an all time high next year. Telegaon estimates that XRP’s price could reach $3.97 by 2025.
XRP is not likely to reach its peak in 2018 until Ripple gets a positive verdict from the High Court. The asset is likely to see a price and adoption surge if the high court declares XRP a secure.
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Source: watcher.guru