XRPUSD has shown strong upward momentum recently. Coingape data indicates a 5.94% surge in the last 24 hours. The market's attention is now on the SEC's 15th January deadline to file its opening brief in the appeal against Judge Torres' ruling in the Ripple case. There is speculation that the SEC might not pursue the appeal.

XRP Outflows Rise Ahead of SEC Deadline

The price increase is also supported by significant net outflows of XRP from major exchanges. Binance reported outflows of $82 million, Bybit $63 million, and OKX $59 million. In contrast, US investors on Coinbase have shown caution, with inflows exceeding $65 million.

The upcoming SEC deadline has sparked discussion within the XRP community. While some speculate the SEC may abandon the appeal, retired securities lawyer Marc Fagel offered a perspective on litigation practices.

He noted that delays in filing briefs are common, commenting: “In 30 years of litigation, the number of times I saw a lawyer file a brief before it was due was roughly zero.”

XRPUSD Shows Bullish Momentum After Bounce

XRPUSD bounced at 2.33000 on the H1 chart and made a strong bullish move yesterday (Monday). After a brief bearish correction and consolidation, a bullish engulfing candle formed around 2.50000. Since then, the price has been moving upwards. The 2.60000 level may act as resistance. A bullish breakout at this level could add further momentum on the intraday charts.

Ripple's Recent Developments Capture Industry Focus

Ripple, the company behind XRP, has gained attention due to CEO Garlinghouse and Chief Legal Officer Alderoty attending a private dinner with President-elect Donald Trump on January 6, which Garlinghouse called a positive start to 2025. This has sparked speculation about Ripple's legal dispute with the US Securities and Exchange Commission (SEC), which filed a lawsuit in December 2020, alleging Ripple sold XRP tokens as unregistered securities.

In another development, all banks in Japan are expected to adopt Ripple’s XRP Ledger in 2025. This integration, announced by SBI CEO Yoshitaka Kitao, aims to improve cross-border payments and currency conversions, providing a more efficient solution for international remittances.

EARTH-SHATTERING NEWS!!!

In Japan, almost every bank is starting to adopt #XRP

David Jevans, Rakuten
Dec, 2019 pic.twitter.com/MHALlO3F5t

— Bull Diep (@DiepSanh) December 27, 2019

Ripple has also made strides in decentralized finance (DeFi) through a partnership with Chainlink. The collaboration integrates Ripple's RLUSD stablecoin with DeFi applications on the Ethereum blockchain, offering trading and lending options. The RLUSD, pegged to the US dollar, was introduced on both Ethereum and XRP Ledger networks last month, with a market cap of $72 million, according to CoinGecko.

Why Is XRP Rising Today?

XRP's recent increase may be due to the $2 level serving as a key psychological support. Market attention is also focused on the SEC's 15th January deadline to submit its opening brief in the appeal against Judge Torres' ruling in the Ripple Ripple Ripple was co-founded by Jed McCaleb and Chris Larsen and was debuted in 2012 as both a digital disbursement network and a pre-mined digital coin denoted as XRP. Possessing less market cap than both Bitcoin and Ethereum, Ripple ranks as the third-largest cryptocurrency.Its dual open-source and peer-to-peer (P2P) decentralized platform whose network is capable of working with any form of money such as GBP, Ethereum, Yen, etc. What is Ripple Used For? Known as a gateway, participants of Ripple may Ripple was co-founded by Jed McCaleb and Chris Larsen and was debuted in 2012 as both a digital disbursement network and a pre-mined digital coin denoted as XRP. Possessing less market cap than both Bitcoin and Ethereum, Ripple ranks as the third-largest cryptocurrency.Its dual open-source and peer-to-peer (P2P) decentralized platform whose network is capable of working with any form of money such as GBP, Ethereum, Yen, etc. What is Ripple Used For? Known as a gateway, participants of Ripple may Read this Term case. Speculation suggests the SEC might not continue with the appeal.

What Could XRP's Price Be in 2025?

Price projections for XRP in 2025 vary widely. Some conservative estimates range from $1.35 to $2.50. Analyst Levi Rietveld predicts a higher range of $20–23, with more optimistic views suggesting up to $70.

Does XRP Have Long-Term Potential?

XRP appears to have long-term potential, particularly in the fintech sector. Its role in cross-border payments Cross-Border Payments Cross-border payments refer to transactions involving individuals, companies, banks or settlement institutions operating in at least two different countries.The concept of cross-border payment is not new however, despite its rise in importance in the 21st century.New technology and the growth of blockchain has brought the term cross-border payment into our daily conversations.Cross-border payments are an essential term that refers to any transaction involving private individuals’ companies, bank Cross-border payments refer to transactions involving individuals, companies, banks or settlement institutions operating in at least two different countries.The concept of cross-border payment is not new however, despite its rise in importance in the 21st century.New technology and the growth of blockchain has brought the term cross-border payment into our daily conversations.Cross-border payments are an essential term that refers to any transaction involving private individuals’ companies, bank Read this Term and growing partnerships in regions like Asia, Africa, and Latin America could support continued growth. By 2027–2028, further integration into traditional finance may occur.

Is $500 Realistic for XRP?

A $500 price for XRP seems unlikely in the near term, as it would require a market cap of $26 trillion. More realistic projections suggest a target of $15–25 by 2030. According to Grok AI, $500 might be possible only with widespread global payment adoption after 2030.