In the world of cryptocurrency, Ripple’s native token XRP is poised for a significant surge, potentially reaching a valuation of $3. This surge is driven by recent positive developments in its SEC lawsuit. Legal victories and strong market indicators support this optimistic outlook, as reported by Reuters.Previous analysis highlighted XRP’s robust capabilities, including its ability to process up to 3,400 transactions per second. However, real-world usage typically ranges between 500 and 700 TPS.The legal landscape for Ripple has been shaped by rulings in Morrison v NAB and Liu v SEC, which limited the SEC’s jurisdiction and set precedents on disgorgement. These rulings align with Ripple’s defense strategy and could lead to a favorable settlement with the SEC, positively impacting XRP’s market position. However, uncertainty remains due to the potential SEC appeal on XRP’s programmatic sales, which may prolong legal ambiguity until 2025.The outcome of the SEC v Coinbase case is also crucial, as a ruling in Coinbase’s favor could have broader implications for Ripple and the regulatory framework of cryptocurrencies in the U.S.Technical analysis indicates bullish trends for XRP, with the token consistently holding above vital EMAs on weekly, daily, and 4-hourly charts. The RSI and MACD indicators also point to bullish momentum. Breaking through resistance levels will be key for further upward movement.Ripple’s CEO acknowledges the unwavering support of the XRP community, which has played a significant role in the company’s legal successes. This combination of legal strategy, market dynamics, and community engagement positions Ripple for a potentially historic increase in value.