XRP Pumps Past $2.5, Top Analyst Says $4 is in Sight as SEC Drops Appeal Case

XRP just got a massive boost as the SEC officially dropped its appeal in the long-running lawsuit against Ripple.

With this legal battle finally winding down, the token is surging – and one top analyst thinks the rally is just getting started.

Could XRP keep rising to the $4 mark?

SEC Drops Ripple Appeal and Prompts XRP Price Surge

The SEC has finally decided to withdraw its appeal against Ripple, ending the legal proceedings that had loomed over XRP for more than four years.

Ripple CEO Brad Garlinghouse confirmed the news yesterday, calling it a “huge win” for the company and the broader crypto market.

Investors wasted no time reacting – XRP shot up to $2.59 immediately after the announcement before cooling slightly to $2.50.

This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it.

The future is bright. Let’s build. pic.twitter.com/7WsD0C92Cm

This latest move closes a case that started in December 2020 when the SEC sued Ripple for allegedly selling XRP as an unregistered security.

While the court ruled in 2023 that XRP isn’t a security when traded on exchanges, the SEC had been fighting to overturn parts of the ruling.

But now they’ve decided to end that fight.

With an appeal off the table, regulatory uncertainty is fading, and the market is responding positively.

Analyst Says XRP Could Rally to $4 After Legal Win

The road ahead now looks promising for Ripple.

Instead of wasting resources on courtroom battles, the company can focus on expanding its cross-border payments network and crypto infrastructure.

RippleNet already has a foothold in Asia-Pacific and the Middle East, but with legal clarity in the U.S., the company could unlock even more high-profile partnerships.

Ripple’s $250 million acquisition of Standard Custody last year shows that it is serious about expanding its enterprise offerings – particularly in crypto custody.

But what does this mean for XRP?

🚀 $XRP is on the Move! 🚀

Strong support at $2 and resistance at $2.9 & $3.3.

Target: $4-$4.3 if things go as planned! 🔥#XRP #Crypto #Altcoins pic.twitter.com/0R72f3ze3d

According to crypto analyst Solberg Invest, the rally may be just getting started.

In a post on X (Twitter), he pointed out key resistance levels at $2.90 and $3.30 and predicted that a breakout could push XRP as high as $4 to $4.30.

If XRP reaches the $4 mark, it would represent a new all-time high and a 60% rise from here.

It would also give XRP a market cap of over $230 billion.

So, with bullish momentum behind it and a more transparent regulatory environment, XRP looks set for a successful 2025.

Solaxy Presale Explodes Past $27M – Could SOLX Be the Next Big Crypto Play?

The broader crypto market is also taking notice of the SEC dropping its case – and one project that could benefit is Solaxy (SOLX).

As Solana’s first proper Layer-2 solution, Solaxy tackles the network’s scalability issues by bundling transactions off-chain before finalizing them on the mainnet.

This approach speeds things up, cuts costs, and makes Solana more efficient.

And that’s why Solaxy’s presale has already raised over $27 million in early funding.

$SOLX hits it out of the Stratosphere!🛸

27M Raised! 🔥 pic.twitter.com/ELdJOM2zZb

Right now, investors can buy the native SOLX token in presale for just $0.001668.

Those who decide to buy early can also stake their SOLX while the presale is live – generating APYs of 150%.

None of this comes at the expense of transparency since Solaxy has been audited by Coinsult, who found no code issues.

The team at 99Bitcoins believes this focus on security, combined with Solaxy’s Layer-2 utility, makes SOLX one of the “best cryptos to buy now.”

Ripple’s legal clarity could also make it easier for SOLX to navigate the regulatory environment.

If investors have confidence that SOLX won’t face the same scrutiny as XRP, it could lead to even more demand once the token hits exchanges.

That makes Solaxy one to watch before its official launch later this year.