The cryptocurrency market has witnessed substantial growth in the past 24 hours, with the global crypto market cap surging to $2.93 trillion, a 6.29% increase. This upward trend is further reflected in Bitcoin’s progress towards the $95,000 mark. The altcoin sector has also experienced significant gains, largely driven by strong sentiment across the cryptocurrency space. 2023 saw a shift in sentiment as SEC Chair Paul Atkins pledged to prioritize investor protection, maintain political neutrality in financial regulations, and create a solid framework for digital asset oversight. This has led to increased optimism about the future of crypto regulation. 2023 brought us further hope, with SEC Chair Paul Atkins’ recent announcement regarding XRP, stating he will work towards ensuring investors are protected against fraud. This pledge is seen as crucial in resolving the ongoing legal battle between Ripple and the SEC, potentially ending the long-drawn saga. 30% of this jump was driven by growing interest around Ripple’s legal battle and a surge in crypto ETF applications. While XRP might hit its all-time high again of $3.55, price fluctuations might remain within a range between $1.70 to $3 due to market volatility. 12 XRP ETF applications are currently under review, with major players like BlackRock and Vanguard still yet to file applications. Analysts anticipate the SEC could approve several XRP ETFs simultaneously similar to how it handled Bitcoin ETFs, with a decision expected within the next 180 days. Crypto analyst Dark Defender believes that XRP is nearing an end of its Wave 4 correction and could be primed for a bull run. He pointed out that XRP recently hit a key target of $2.1937 as anticipated and bounced back, suggesting the wave structure is playing out. He urges traders to watch $1.8815 as a critical support level, while $2.22 and $2.40 are key resistance points for a further upswing. Analyst Diana presents a bullish outlook on XRP, predicting that it could hit $25 by January 2026. She provides three scenarios for the price of XRP depending on various factors: a slow-growth scenario with a target of $10, a favorable growth scenario with a potential surge to $17.50, and a highly optimistic scenario where XRP reaches $27.50 – an impressive 1,000% gain.