Ripple to Break Records? This One Trigger Could Send XRP Skyrocketing

TL;DR‘A Big Week Awaits’Ripple’s XRP jumped last week due to the major development in the lawsuit between the company and the US Securities and Exchange Commission (SEC). As CryptoPotatoreported, the agency dropped its appeal against the firm, pushing the token’s price to as high as $2.60.Since then, XRP has lost some steam and currently trades at around $2.45. According to many market observers, though, investors should be patient since another major rally might be just around the corner.The X user CRYPTOWZRD expects “a big week” for the token. They also envisioned a spike to a new all-time high (ATH) should XRP surpass the $2.80 resistance zone.Dark Defender chipped in, too, claiming that XRP looks “excellent” at its current level. They projected a rise to $2.75 with “a little hassle” on $2.55 and an eventual explosion to $5.85.Last week, the analystassumedthat the latest Ripple v. SEC front development has cleared the skies for a rally to a new all-time high for XRP.“We knew the news would follow. Some believed some did not. It doesn’t matter, in the end. Roads are Clear, Skies are Blue,” they stated.Waiting for This AnnouncementSome industry participants think XRP’s valuation could chart additional gains once the US SEC officially discloses its decision to drop the appeal against Ripple.It is important to note that others believe the lawsuit will not trigger price volatility for XRP, suggesting it is already priced in.Now that the case is no longer an obstacle for the price, the next factors that may fuel a rally include the potential approval of a spot XRP ETF in the US and Ripple’s possible filing for an IPO.Recall that the companies willing to introduce such an investment vehicle are Grayscale, 21Shares, Bitwise, and others. The SEC acknowledged some of the applications, and according to Polymarket, the approval odds before the end of 2025 currently stand at 83%.