August 15 Could Change Everything for XRP

XRP is trading close to $2.95. The price is under pressure due to a weak crypto market. But analyst Zach Rector believes the market is missing something big: a possible end to the SEC vs. Ripple lawsuit.

This lawsuit has lasted since 2020. It has slowed XRP’s growth and kept investors uncertain. Now, a key moment is near.

📅 August 15: A Key Legal Deadline

On August 15, Ripple and the SEC must file updates about their appeals. Experts say this could begin the final stage of the case. If both sides agree to end it, the lawsuit could finally be over.

Marc Fagel, a former SEC attorney, said the appeals process is almost finished. This adds weight to predictions of a final decision soon.

💭 XRP Holders Still Unsure

Despite the deadline, many XRP holders are still doubtful. Rector says this shows a “market disconnect.” He believes the price does not reflect the possible outcome.

This doubt may offer a chance for investors. If the case ends soon, the price could rise quickly—and some investors may miss the moment.

⚖️ Why the Lawsuit Matters

The SEC sued Ripple in 2020. The main issue was whether XRP is a security. In 2023, a court ruled that XRP is not a security in secondary markets. But questions about institutional sales and penalties kept the case going.

If the lawsuit ends and both sides drop their appeals, it could remove a big barrier to XRP’s growth. That might bring more trust and investment.

🚀 Could XRP Reach $10–$20?

Rector thinks XRP could rise to $10–$20 if two things happen:

  1. The lawsuit ends
  2. An XRP ETF gets approved

These two events could bring in more institutional and retail investors. But the rise depends on a strong crypto market and continued interest.

⏳ A Final Chance Before a Big Move?

XRP is still under $3. That could change fast if August 15 brings legal clarity. This deadline is more than a filing—it could shape the future of XRP in global crypto finance.

For investors watching closely, this might be the last chance to enter before the next big move.

Sazid Kabir

I've loved music and writing all my life. That's why I started this blog. In my spare time, I make music and run this blog for fellow music fans.