The news concerning the SEC against Ripple XRP which has lasted a while has finally been dropped and considered favorably. This lawsuit has caused a price struggle for the XRP token, even during the period where most tokens were experiencing some highs, the token XRP rose to above $3.2 but was still facing some struggles... Mostly because of its case with the Securities Exchange Commission.
In relation to the news, past few days I saw most people tweet about a price surge for the XRP token, though I know most people are always carried away by positive news but, do you think this could spike a price pump in the nearest time for the XRP token?
And also, could this be the best time to start hoarding this asset?
Well, XRP price hasn't seen any significant movement after this news. I think the expectations for this event were already priced into the XRP price chart a long time ago, and it even pushed XRP price to $3.3. Right now, the SEC capitulation is still positive news, but it's not directly impacting the XRP price.
Currently, I have higher expectations for the XRP Spot ETF and its positive impact in the second half of 2025. That will be a major event reaffirming Ripple's vision and ambitions for their native token. XRP could go on another crazy price run like it did in late 2017 ^^