The Ripple-affiliated XRP prices blasted off to reach multi-year highs of $2.47 per token before receding to $2.38 on December 2, the highest since $1.61 in May 2021. With a market capitalisation of $136 billion, Ripple XRP price predictions reached as high as $4.804 from analysts, including Javon Marks, much higher than the token's record high of $3.30 in May 2018.
XRP currently ranks fourth in terms of market capitalisation after falling out of the top 10 following US Securities and Exchange Commission (SEC) charges around regulatory breaches. However, former government officials believe the SEC lawsuit could end soon as Ripple's motion was granted final judgment as President-elect Donald Trump eyes pro-crypto former SEC chair Paul Atkins for the powerful post when he assumes Office in January 2025.
