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In the latest legal turn of events, Ripple dropped the cross-appeal in the ongoing case with the American U.S. Securities and Exchange Commission (SEC), as mentioned in our last news article. This left doubts regarding the fate of its institutional sales. Although the case is approaching its end, the fate of the injunction against the company is a significant topic of debate in the crypto world. With Ripple having abandoned its cross-appeal, attention is now on whether the SEC will proceed to vacate the injunction that currently prevents the company from selling XRP to institutions. The injunction, which resulted from Judge Analisa Torres’ conclusion that Ripple’s original sales model was an investment contract, has been a pivotal obstacle to the company’s activities in the institutional market. In an X post , XRP attorney Bill Morgan discussed the recent developments while admitting that even if the injunction is dissolved, Ripple would be required to change its sales strategy to stay within the purview of securities laws. Legal analyst Fred Rispoli concurred and said that any re-launching of institutional sales would involve keeping pace with new regulatory requirements. Rispoli then explained his stance further, saying, “So to clarify, as I understand it, there will be no more restrictions on Ripple’s institutional XRP sales. They still must conform to securities law but can now sell to, say, hedge funds or private equity firms directly instead of to OTC desks first.” This viewpoint has generated talk regarding how Ripple could modify its sales strategy in order to be compliant with regulations while still holding onto its institutional relationships. The XRP community has been watching the final stages of the lawsuit, with speculation about what this holds for Ripple’s business operations growing. One top crypto commentator, WrathofKahneman, pointed out how significant the next move by the SEC is, explaining that if the regulatory body makes a move to lift the injunction, then Ripple might start institutional sales anew under new conditions. At the same time, Rispoli asked a rhetorical question about the enforcement of securities law in the crypto space: “But if a tree sells unregistered securities in a forest and no SEC is there to prosecute it, did the tree do anything illegal?” His remark raises questions about overall regulatory clarity and the SEC’s enforcement strategy for the developing digital asset marketplace. In another controversy, IMF’s Balance of Payments Manual shows that some utility tokens like XRP could be treated as securities, as reported in our previous article. Even with the possibility of resumed sales, the firm might continue to have compliance challenges. The company will have to ensure that whatever institutional transactions are made, they comply with securities rules to prevent future legal attacks. Though Ripple’s pullback of its cross-appeal is an indicator of advancement towards settling the case, the SEC’s reaction continues to play a crucial role in deciding the firm’s future action. If the regulatory body asks the court to vacate the injunction, Ripple might get back to conducting institutional sales as long as it makes required changes in its structure of sales.

Analysts project XRP could hit $8–$10, driven by Fibonacci models and Bitcoin’s rally. Bold long-term targets like $77 hinge on market trends and Ripple’s ecosystem growth. Following the recent CNF update on the legal clarity boosts XRP, which explored whether a $5 target was realistic, XRP—the digital asset associated with Ripple—has been attracting renewed attention due to bullish forecasts from prominent analysts. These projections suggest strong growth potential, contingent on favorable market dynamics. Crypto analyst Blockchain Backer has projected that XRP could rise to the $8–$10 range. This forecast is grounded in mathematical chart patterns and historical price behavior, particularly referencing the 4.236 Fibonacci extension level. Ali Charts also noted via Twitter that whale activity has remained muted over the past week, with no major buying or selling observed. $XRP whale activity has been muted over the past week, with no notable buying or selling! pic.twitter.com/SNHIYi332b — Ali (@ali_charts) March 24, 2025 AInvest adds that the realization of this price target likely depends on Bitcoin climbing to around $127,000—underlining the interdependence between BTC and altcoins like XRP. In a more aggressive scenario, analyst Dark Defender envisions XRP hitting $77.7 during this bull cycle. Using Exponential Fibonacci models and Elliott Wave theory, this forecast outlines a phased path: a move to $5–$8, then $18–$23, and ultimately, the $77.7 mark. Additionally, CNF has previously reported that some analysts see XRP reaching $22, driven by improving market structure, increasing institutional adoption, and a potential Ripple IPO—pointing to the possibility of exponential upside in ideal conditions. While these projections provide an optimistic view of XRP’s future, investors should remain cautious. The cryptocurrency market is notoriously volatile, and such high targets rely on a convergence of favorable elements—including macroeconomic trends, regulatory clarity, and technological advancements on the Ripple network . As always, investors are encouraged to conduct thorough research and evaluate multiple viewpoints before making decisions. At the time of writing, XRP is trading at approximately $2.47, showing a 1% gain in the past 24 hours and 6.02% over the past week, according to Coin Market Cap data. See XRP price chart below.

Finally, the Celo network has truly transformed. From a Layer 1 blockchain that has stood alone, it has now officially joined the Ethereum Layer 2 space. The migration process was quite complex, even causing block production on the Celo main network to be temporarily halted. But now, everything is back up and running. Celo now operates as an Ethereum Layer 2 with block times cut from five seconds to just one second. For those who are used to waiting for transaction confirmations, like waiting for a train that never comes, this is good news. 🏡 @Ethereum , we're home! Following a successful "hard hard fork" led by core contributors at @cLabs & L1 validators, Celo is officially an Ethereum Layer 2 🪨 🪨 🍴 What does that mean for the diverse, global decentralized ecosystem? Keep reading to find out ↓ pic.twitter.com/slW1W5oRmP — Celo.eth 🦇 🌳 (@Celo) March 26, 2025 This change also brings a feature that previously felt half-baked: cross-network interoperability. Celo now supports direct bridging with Ethereum natively. This means that the flow of assets and data between the two networks is smoother without having to cross a complicated or expensive bridge. Imagine being able to move your wallet from one network to another, like moving your wallet from your left pocket to your right pocket. Furthermore, this migration was not done just for the sake of moving. Celo also partnered with Alchemy, a platform known for its robust infrastructure for developers. The goal is clear: to help developers build more reliable and connected applications. The collaboration is a new foundation, as many developers in the Ethereum ecosystem are already familiar with Alchemy’s features. Now, with all these updates, Celo seems ready to go even faster. The network is no longer a small stand-alone player, but rather part of the much broader Ethereum ecosystem. However, their approach remains down-to-earth: cheap, fast, and accessible. Transaction fees on the new network can even be as low as $0.0005, so cheap it feels like nothing. This could be a big draw, especially for users in cost-sensitive developing countries. Looking back, Celo has introduced the Celo Citizen Retro program, which was announced in December 2024. This program provides funding of 250,000 CELO for projects that have made significant contributions to building the ecosystem and making crypto more grounded in everyday life. Applications opened on December 20, 2024, and the response was quite warm. Still in December, CNF reported another interesting integration: Band Protocol entered Celo Alfajores, Celo’s Layer 2 testnet, to supply real-time price data. This is great news for DeFi, GameFi, or perhaps NFT applications needing precise data. The prices shown are not only estimates or based on data a few minutes old. Band Protocol offers access to more safe cross-chain feeds including real-time ones. Meanwhile, as of the writing time, CELO is trading at about $0.3986, up 1.68% over the last 24 hours. It is driving its market cap to surpass the $225 million mark.

Careful — there’s no point in positioning myself if the daily close happens above. I think the price will once again close below the zone, allowing the refined levels to be quickly reached, but it will only serve as manipulation, making it look like a potential bullish move.

$NVDA looks like it wants to enter a complex ABC.