The XRP lawsuit takes a pivotal turn as attorney John Deaton provides critical insights into Ripple’s path forward…

The XRP lawsuit takes a pivotal turn as attorney John Deaton provides critical insights into Ripple’s path forward against the SEC, while whale movements worth $58 million signal major institutional activity. An ambitious XRP price prediction targets a staggering 462,800% rally, as XRP Ledger activity strengthens amid ongoing cryptocurrency market volatility.

Someone posted a comment that said “we get it: you and @freddyriz believe @Ripple and the @SECGov should’ve kissed Judge Torres’ ass more.

That’s not it. In fact, I believe there’s a 70% chance she grants the relief requested and I’ll discuss it more in detail tomorrow. … https://t.co/QXf65N87dR

— John E Deaton (@JohnEDeaton1) June 14, 2025

Also Read: Ripple SEC Settlement: Fine Cut from $125 Million to $50 Million

Understanding Ripple’s Lawsuit, XRP Price Prediction & Whale Moves Amid Market Volatility

Deaton Reveals Critical XRP Lawsuit Timeline

John Deaton recently clarified the extensive damage the XRP lawsuit has caused to Ripple’s business operations. The attorney emphasized how the SEC’s sweeping allegations have disrupted XRP’s market positioning since the lawsuit began in December 2020.

Deaton said:

“I do not believe one can properly estimate the damage to Ripple’s business caused by the sweeping nature of the SEC’s complaint against Ripple and XRP. You have to remember, in 2012, when Ripple founders created XRP, stable coins did not exist and the cross border payments market was wide open.”

The XRP lawsuit timeline shows Judge Torres ruled XRP sales to retail investors weren’t securities in July 2023, though the SEC’s appeal keeps the case active. Deaton believes there’s a 70% chance the proposed settlement reducing penalties from $125 million to $50 million will be approved, finally resolving the XRP lawsuit.

Massive 462,800% XRP Price Prediction Emerges

The Real Remi Retier projects an extraordinary 462,800% XRP price prediction, targeting $10,000 by 2029. This ambitious XRP price prediction is based on Trump’s crypto-friendly policies and potential institutional adoption.

The Real Remi Retier is convinced about the fact that:

“XRP to $10,000 By 2029. Because that is Trump’s last year in office and as the ‘Crypto President’ he will make those that fight to take the crown that Biden stole. Simple. $10,000 x 100 XRP = $1M.”

The investor’s XRP price prediction emphasizes accumulating at least 100 XRP tokens, with calculations showing various investment scenarios. This bullish XRP price prediction aligns with growing institutional interest as Ripple news continues highlighting the company’s cross-border payment solutions.

XRP to $10,000 By 2029 …

First let me preface this by saying XRP has a set price. I’ve been telling everyone this for months. How much is it? I don’t know but I think there will be a set “base price” of $10,000. I spoke about this in an earlier post which I’ll re-post… pic.twitter.com/1SbB2c5OFp

— The Real Remi Relief (@RemiReliefX) June 14, 2025

$58 Million Whale Transfer Shakes XRP Markets

The latest whale activity shows that 26,896,993 XRP worth $57.7 million were transferred to Coinbase, which makes this a significant movement with the uncertainty of the ongoing XRP lawsuit. This massive transfer is the largest XRP movement since June 12, when over $60 million in XRP moved to exchanges.

I told ya’ll 50k $XRP is the minimum . Now like at how much XRP you need to be at just the 1% EXACTLY what I said

—> 50,000!!!!!!!!! pic.twitter.com/ekBaHnT7BQ

— KINGVALEX (@VALELORDX) May 16, 2025

The whale movements coincide with strengthening XRP Ledger activity and increased institutional interest. Despite the large transfer, XRP maintained stability around $2.16, suggesting the market absorbed the whale activity without major cryptocurrency market volatility.

Also Read: Circle Launches USDC on XRP Ledger as Ripple Seeks SEC Relief

26,896,993 #XRP (57,737,202 USD) transferred from unknown wallet to #Coinbasehttps://t.co/SUAmucWeO7

— Whale Alert (@whale_alert) June 15, 2025

The XRP Ledger continues burning tokens through transaction fees like crazy, approaching a whopping number of 14 million token burns. This deflationary mechanism also reduces the supply while network activity is increased. This can eventually also be supporting some long-term price appreciation even though the crypto market is highly volatile.