Crypto Influencer Predicts XRP Price Breakout as Ripple Prepares for a Big Lawsuit Win

In his latest video analysis, crypto influencer Molt Media has highlighted XRP’s potential to achieve major price appreciation in the near future. The analyst points to several key factors that could drive XRP to “astronomical gains” in the coming years.

Technological Advancements: ILP and XRP Synergy

The video emphasizes the potential of combining the Interledger Protocol (ILP) with XRP. According to Stefan Thomas, a key architect of ILP, this combination can process trillions of transactions per second without any central authority, positioning XRP at the forefront of payment technology innovation.

Molt Media underscores Ripple’s direct involvement with the BIS task force. He suggested that XRP is well-positioned to meet upcoming crypto asset standards. The Basel framework, effective January 1, 2025, sets requirements for crypto assets that XRP appears to satisfy, including interoperability and ISO 20022 compliance.

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Central Bank Digital Currencies (CBDCs) and Stablecoins

The analyst draws attention to Ripple’s work on stablecoins, particularly RLUSD, positioning it as a potential bridge between traditional finance and CBDCs. This alignment with central bank initiatives could further boost XRP’s adoption and value.

The video points to several bullish indicators for XRP:

  1. Increasing XRP lockups in Automated Market Maker (AMM) pools
  2. Similarities between current market sentiment and the pre-bull run period of 2020
  3. Growing institutional interest, as noted by Brad Garlinghouse

Complementing the video analysis, recent legal developments have further bolstered the bullish case for XRP:

  1. A California judge has dismissed all class action claims against Ripple.
  2. The court has rejected allegations that Ripple violated federal securities laws by selling XRP.
  3. These rulings reinforce the New York court’s decision that XRP is not a security.

Read more: Crypto Watchlist for the Week: Ethereum ETFs, Blast Airdrop, Optimism (OP) Token Unlock, and More

The only remaining claim against Ripple is a single state law issue from an individual who did not purchase XRP directly from the company. This greatly reduces the legal uncertainty surrounding XRP. Molt Media concludes that XRP is an “absolute time bomb” poised for a massive price surge. 

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Vignesh Karunanidhi
Vignesh Karunanidhi

Seasoned crypto writer with deep passion for blockchain and cryptocurrency

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