The SEC has filed a settlement agreement letter to close the case against Ripple Labs over the sale of XRP, leading to speculation of a price surge for XRP.
The settlement is expected to have a positive impact on XRP's price, potentially reaching $4 with increased investor confidence and market sentiment.
Analysts forecast a bullish market sentiment for XRP post-settlement, expecting a price surge driven by regulatory clarity and institutional interest.
The settlement allows Ripple to expand globally without regulatory uncertainty and potentially form new partnerships in the financial sector.