Experts Say They Can’t Imagine How Stupid It Would Be to Not Hold XRP Right Now

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Experts Say It’d Be Foolish Not to Hold XRP Now
Experts Say It’d Be Foolish Not to Hold XRP Now
February 24, 2025


XRP

A widely followed expert digital asset investor in the XRP community (DAI) has sparked a lively discussion on the importance of holding XRP right now.
In a tweet, Dai reminded the cryptocurrency community that the Ripple lawsuit could end at any time. He noted that the litigation has been going on for more than four years and that a settlement is imminent.
“I can’t imagine not holding XRP right now would be a foolish move,” he said.
His comments reflect growing anticipation for the end of Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Many believe that the outcome of the case could trigger a significant rally in XRP’s price, as this case has historically impacted XRP’s price.
Hopes that the case can be concluded quickly come from the SEC's improved regulatory stance under the new administration. The SEC recently suspended its lawsuit against Binance as the newly formed SEC Crypto Working Group is overseeing multiple matters, including pending litigation.
Additionally, the agency withdrew its case against Coinbase. Many believe that similar moves could also apply to Ripple’s lawsuit. Hence, anticipation is very high among the XRP community for the impending end as they see it as a major bullish factor for the XRP price.
As for how the XRP price reacted to the news of the lawsuit settlement, DAI turned to Elon Musk’s Grok AI for insights into potential market reactions.
Grok proposed a scenario where the price of XRP could react similarly to the initial announcement of the lawsuit in December 2020.
XRP May Reverse Its 2020 SEC Response
On December 22, 2020, when the SEC charged Ripple with selling XRP as an unregistered security, the price of XRP plummeted from approximately $0.50 to $0.17. This marks a sharp drop of 66% due to uncertainty, fear and delisting from major exchanges.
As such, Grok suggested that if the legal battle, which is currently being appealed, ends with an outcome in Ripple’s favor, the market could react in the opposite direction.
With XRP currently trading around $2.50, a gain of 66% would push its price to around $4.15 in the short term. Notably, this price would mark a new all-time high for XRP as it has remained below its initial peak for the past seven years, in part due to the impact of the lawsuit.
Meanwhile, other market commentators such as Edward Farina and Alex Clay even predicted that XRP would reach a price of $10 following Ripple’s lawsuit victory. Given the optimistic outlook, commentators like Dai believe that selling XRP at this time would not be a wise move.

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