I am sure it will have a huge impact once they add the XRP spot ETF, not next month, but next year. Plus incoming altcoin season I believe it will hit more than $7 just my speculation in ber months next year.
However, according to the news about SEC lawsuit against Ripple(XRP) there's a zero percent chance of dismissal. That is why it can't still able to surpass $2 level.
I am hoping to hear good news about ripple; we will see what Trump does on January 20. If the ripple lawsuit is dismissed, there will be a huge price impact; otherwise, it will be similar to what happened in 2021/2022.
Right after January 20th, the SEC's lawsuit against XRP may be terminated because:
1. The SEC will have a new chairman and he may change the SEC view on XRP and crypto
2. Direct instructions from Trump that the SEC needs to stop attacking crypto projects.
3. The emergence of a clear legal framework could make the lawsuit unconstitutional.
The rise of XRP is sure to come, but I cannot accurately predict a new ATH. If you have been DCA XRP in the crypto winter, you can also sell in parts as soon as XRP exits the downtrend.