The Ripple vs. SEC case is finally reaching its end, and it could change everything for XRP. After years of legal battle, XRP could now come out stronger than ever. This could be the moment it breaks free from legal uncertainty and steps into a new era of clarity, adoption, and market confidence.
XRP Breakout in August?
On June 16, Ripple and the SEC jointly agreed to pause their appeals, which indicated that a final resolution is likely just around the corner. As part of the motion, Ripple would see the injunction against it dissolved and its civil penalty reduced to just $50 million, with the rest of the proposed fine returned. This was a clear sign that Ripple won, and the institutions are also starting to take note.
What Happens Next?
With the next update due by August 15, XRP’s major rally may be on hold until then. Judge Torres is expected to give a final ruling, likely confirming that XRP is not a security. If that happens, institutions waiting on the sidelines will finally be free to enter.
XRP To Takeoff as ETF Odds Hit 95%
At the same time, spot XRP ETF is now in its public comment phase. With strong legal momentum and rising demand, the odds of Polymarket approval are now at 91%. Bloomberg analysts James Seyffart and Eric Balchunas now rate the odds of an XRP spot ETF being approved at 95%.
With everything falling into place, XRP looks ready for a big bull run. Analyst Dark Defender also says that XRP is still on track. The $1.88 support level has held up perfectly, as expected. XRP still follows its bullish Wave 5 pattern, and a larger breakout may follow.
XRP Set For Breakout as Historic Pattern Repeats
Analyst EGRAG Crypto recently shared that XRP is repeating a historical pattern, which has triggered major rallies in past cycles. After hitting $3.40 in January and pulling back to $1.61 in April, XRP is now retesting this key area. Based on past trends, the analyst predicts a breakout with targets at $11.50, $27, or even $42, depending on how strong the next rally is.
XRP has a strong history of July rallies. Past years show a pattern of weak Q2s followed by big Q3 rebounds. XRP is currently trading at $2.02, and if history repeats, July could trigger the next major surge.
