The Ripple case comes to a close, boosting XRP to a daily rise of 11%, analysts all set their sights on a target of $10 | XRP Price Prediction

With the nearly five-year lawsuit of Ripple against the SEC officially coming to an end, the price of XRP surged on August 8, leading the top ten crypto assets with a single-day rise of 10.97%, currently reported at $3.33. Market sentiment has significantly improved, and several analysts have raised XRP's mid-term target to the $8-$10 range based on technical pattern replication, movements in the derivatives market, and expectations of institutional entry. The derivatives market reacted fiercely, with XRP options' open contracts soaring by 67% in a single day and trading volume increasing by over 1300%, indicating that institutional funds are making large-scale investments.

The end of litigation drives XRP to lead the rise, with technical indicators pointing to a $10 target Under the positive stimulus of the final conclusion of the Ripple case, XRP has become the leader in today's crypto market. Analyst GalaxyBTC pointed out that the current price trend is replicating the classic pattern from 2014 to 2017 - continuously forming a low point elevation channel, ultimately breaking through key resistance and turning into support. He observed that between 2020 and 2025 (which coincides exactly with the litigation period), XRP is forming the same upward trend line again. If the price can effectively break through and stabilize at the $3.35 level (turning it into a support level), it will confirm a bullish structure. Based on this, GalaxyBTC predicts that XRP will begin to rise towards $10 (corresponding to a market cap of about $580 billion based on the current circulating volume of 58 billion coins). It is worth noting that the $3.35 threshold closely aligns with the breakout level previously emphasized by CoinGape.

Analyst Consensus: $8-$10 is the Key Target Range

Apart from GalaxyBTC, multiple analysts have simultaneously issued positive signals:

• ChartingGuy: points out that XRP is replicating the price fractal from the 2017 bull market, believing that the upward trend that began at the end of last year will continue to advance, with a target pointing to $8.
• CrediBULL Crypto: Released a short-term bullish forecast, believing that a breakout above $3.80 may happen soon, which will be the first stage towards hitting the long-term targets of $8 and even $10. Analysts emphasize that the $3.80 level is a key point for XRP bulls to exert strength.

Derivation Market Fluctuation: Options Open Interest Surge Reveals Traces of "Smart Money" The conclusion of the XRP case has greatly stimulated the market's interest in XRP, especially with the rising expectations of institutional involvement. Derivation market data confirms the surge in capital activity:

• Total volume of XRP derivation surged 197% within 24 hours, reaching $18.26 billion.
• Options volume surged over 1300% in a single day, setting an astonishing record.
• Options Open Interest surged 67% to $15.4 million.
• Open Interest in Futures increased by 20%, reaching $8.82 billion. CoinGape reports that the conclusion of the lawsuit is directly driving the institutional willingness to include XRP as a reserve asset. As XRP gains a clear designation as a non-security, it has become an inevitable trend for more enterprise buyers to get on board. This not only attracts retail investors but will also lead to large-scale allocation of institutional funds into XRP.

The trend of enterprise allocation has started, a $10 target is not just talk Although BlackRock recently denied plans to launch an XRP spot ETF, XRP, as one of the clearest legal status Crypto Assets currently, is bound to make its way onto corporate balance sheets. The potential influx of institutional buying gives the $10 target proposed by analysts solid fundamental support, rather than being merely market speculation.

Conclusion: The legal certainty of the Ripple case has removed the biggest obstacle for XRP, igniting a price breakout and fervor in the derivatives market. The bullish fractals presented in the technical analysis, the collective bullish target range of $8-$10 from analysts, and the traces of institutional layouts revealed in the options market together depict a strong outlook for XRP. Although it may face volatility in the short term, the initiation of institutional allocations and the significant improvement in market liquidity depth are laying the foundation for XRP to reach higher price levels. Investors need to closely monitor the breakout of the key resistance levels at $3.35 and $3.80 to seize potential trending opportunities.