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XRP prospects ahead of October: analysis by JackTheRippler and court case summary
The conclusion of a multi-year legal dispute between Ripple and the SEC brings new opportunities for the digital asset XRP. According to Judge Torres’s ruling, transactions with XRP on secondary markets do not qualify as securities trading — this is a key verdict for the ecosystem. However, Ripple will have to pay a fine of $125 million, which becomes the financial outcome of the litigation.
Analyst JackTheRippler sees potential for asset growth in this development. With legal uncertainty removed, the market expects increased institutional interest and expanded partnerships with financial institutions. The XRPL network demonstrates growing acceptance among the banking sector, which could serve as a catalyst for positive price dynamics.
The current XRP price is $1.87, down 6.58% over the past 24 hours. Expert EGRAG CRYPTO suggests the possibility of reaching $13, although such a scenario is viewed skeptically by market analysts. A more realistic outlook is gradual growth amid widespread adoption of the technology and the legalization of the asset’s status in the eyes of regulators.