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XRP may be one of the most alluring investment prospects in the world of cryptocurrencies (XRP-USD). In a recent research, Finder.com outlined a bull case in which the XRP cryptocurrency might reach $3.81 in the next three years.

This insightful article explains one important trigger that might quickly increase this token's value by almost 600%. That trigger is a successful resolution of XRP's current legal dispute with the U.S. Securities and Exchange Commission, as many may anticipate (SEC).

The SEC accused people at Ripple Labs, the organization that owns XRP, of making unregistered securities offers in 2020. The case's central contention might have an impact on the whole industry (pun intended). Most people feel that XRP's future prospects will ultimately depend on whether or not it qualifies as a security.

Let's explore what may quickly push this token so much higher.

A legal victory can boost the value of XRP

Many anticipate that the whole situation will soon come to an end given that we have now been engaged in legal conflict with the SEC for essentially two full years. In reality, Ripple CEO Brad Garlinghouse has said he expects the matter to be resolved in Q1 or Q2 of 2023.

Some people think that XRP will benefit from any resolution to this turmoil. The challenges that have dogged this enterprise recently have significantly reduced its worth. Of course, the macro environment hasn't been good either. With hundreds of tokens available, choosing one with obvious legal problems isn't something many investors want to do at the moment.

The XRP cryptocurrency has suffered more than many other leading tokens from the current risk-off atmosphere. Having said that, there are a few crucial reasons why the outcome of this lawsuit may be favorable for XRP.

The relisting of this coin on other exchanges may be the primary factor in the price increase of XRP. Currently, this legal uncertainty prevents purchasing this coin on a number of centralized exchanges. Any coin with more liquidity is typically a positive thing. As a result, this is a significant trigger that XRP may experience soon.

How tolerant the present judge in the case is of Ripple and XRP is another important aspect that investors are keeping an eye on. Right now, it seems that the court has at least given some thought to several of the suggestions made by Ripple's attorney. So, there's increasing anticipation that this judicial struggle could have a happy ending.

It is obvious that this cryptocurrency has potential if XRP prevails in its legal battle. It remains to be seen whether it is more or less than $3.81. Given that, this will be a crucial trigger that cryptocurrency investors should keep an eye on in the next months.

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