XRP Set to Soar After SEC Case Ends, Says SBI Chairman

XRP is once again at the center of investor speculation, as growing optimism surrounds the potential conclusion of Ripple’s lengthy legal battle with the U.S. Securities and Exchange Commission (SEC). With the five-year lawsuit appearing to draw to a close, comments resurfaced from Yoshitaka Kitao, Chairman and CEO of SBI Holdings, have reignited bullish sentiments within the XRP community.

In a recently rediscovered video, Kitao shared his thoughts on the direction XRP could take once regulatory hurdles are cleared. He predicted that if Ripple were to secure a favorable verdict confirming that XRP is not a security, a dramatic surge in the token’s value could follow. His statement aligns with speculation that the digital asset would unlock its full market potential once regulatory ambiguity is resolved.

SBI Holdings is not just a bystander in the XRP ecosystem—it stands as one of Ripple’s most influential global allies and holds the largest external stake in the company. Kitao emphasized that the value of this investment could significantly rise if Ripple emerges victorious. SBI does not plan to liquidate its XRP holdings but anticipates that its corporate valuation will grow organically as market sentiment improves.

This bullish view, however, stems from a prior statement dating back to June 2023, weeks before Judge Analisa Torres ruled on parts of the case. Her decision confirmed XRP’s classification as a digital token, which temporarily sent the price soaring. However, the excitement was short-lived, and the asset corrected back into the $0.50–$0.60 range, where it largely stayed for the next year.

Momentum flipped again in November 2024, after former SEC Chairman Gary Gensler announced his resignation. Market sentiment flipped notably, and XRP broke past years-long resistance levels, soaring above $3. Over the following six months, the token consolidated those gains, creating a base for its next potential move.

Now, as Ripple signals intentions to drop its appeal—aiming for a full and final resolution—the entire XRP ecosystem holds its breath. While no joint statement has yet been released by Ripple and the SEC, the legal drama appears closer than ever to wrapping up.

The growing enthusiasm among XRP supporters is also tied to the possibility of Ripple going public. In the same video, Kitao touched on the idea that an Initial Public Offering (IPO) could follow legal clarity. Although IPO discussions have quieted recently in favor of Ripple’s focus on mergers and acquisitions, the potential remains, garnering attention from stakeholders worldwide.

One of the strongest supporters of XRP’s institutional deployment has been SBI Holdings through its partnership with Ripple. Their joint venture, SBI Ripple Asia, has advanced blockchain-powered payment solutions across the Asia-Pacific market, utilizing XRP as a bridge currency for cross-border transactions. Kitao has long been a proponent of integrating blockchain and digital assets into mainstream financial systems.

Furthermore, SBI is not resting on its laurels. Recent developments show that the company received a proposal from stakeholders advocating for a corporate XRP treasury strategy. Inspired by MicroStrategy’s Bitcoin approach, the idea is to routinely accumulate XRP as a long-term asset.

Related: XRP Price: $12M Max Pain for Bears

This resurgence in interest reinforces just how tightly tied SBI’s vision is to Ripple’s success and, by extension, XRP’s performance. As the lawsuit slowly nears closure, market watchers and stakeholders remain fixated on the next big move—both in legal arenas and on trading charts.