Without the SEC case, XRP may have grown significantly during the 2021 bull market, laying the stage for an even stronger rally this cycle.
XRP investors lost out in the 2021 bull run, with the asset barely reaching $1.96. Many believe that the now-concluded lawsuit against Ripple can be blamed for XRP’s failure to reclaim its previous all-time highs during the previous bull season.
The U.S. SEC sued Ripple and its executives, Brad Garlinghouse and Christian Larsen, on December 20, 2020, alleging that they planned to sell unregistered securities using XRP worth $1.3 billion. As a result, US-based exchanges stopped supporting XRP, leading to a temporary price drop.
Meanwhile, the cryptocurrency market was starting a new bull season amid Bitcoin’s third halving cycle. But the lawsuit restricted access to XRP for the public, ending its explosive growth. Notably, on April 14, 2021, XRP reached its peak at $1.965, and Bitcoin continued to rise for the next six months until November 2021.
Enthusiasts think XRP would be better off without the SEC case. XRP’s 75,000% gain in the 2017/2018 season fuels this belief, when it temporarily surpassed Ethereum to become the second most valuable cryptocurrency after Bitcoin.
We used OpenAI’s ChatGPT to investigate XRP’s price without SEC litigation. Without the SEC case, the AI tool admitted it is speculative to expect XRP’s price. But, in order to estimate, ChatGPT considered important variables like market mood, Ripple’s collaborations, and past results.
Medium and high-rise conditions
ChatGPT proposed a 50–100% price rise in a moderate growth scenario, assuming continuous positive improvements and increased use in the absence of litigation. It used XRP’s pre-lawsuit price of around $0.60 in December 2020 as a baseline. As a result, the expected percentage growth predicts that the XRP is currently worth $0.90 to $1.20.
In a high-growth scenario, ChatGPT suggested XRP could sustain a price increase of 150–2000%. This would cause a hypothetical cost run of $1.50 to $1.80.
XRP Prices if the SEC lawsuit never happened
Aggressive Growth Scenario
ChatGPT estimates that in an aggressive growth scenario, the XRP price could increase by 300–50% from December onwards,reaching a maximum of $2.40–$3.60 per dollar. Today’s price of $3.60 would be a huge improvement from its current price of $0.47, even though it is still below its all-time high of $3.84 in 2018.
