Ripple's Settlement with the SEC Could Trigger an XRP Price Surge, and Shine a Spotlight on Rising Cross-Border Payment Tokens

The crypto market is buzzing with excitement as two promising payment tokens, XRP and Remittix, are heating up in the spotlight.

As Ripple’s battle with the SEC finally comes to an end, the potential for an XRP price surge is brewing, especially with an expert predicting a rally towards $5.

Meanwhile, Remitiix is quietly positioning itself as the next big thing, offering a compelling mix of utility, innovation, and early-stage upside.

Keep reading to learn more about these two tokens and how they could transform the future of payments.

The SEC has confirmed the settlement of its case with Ripple. In a May 9 letter to Judge Analisa Torres of the United States District Court for the Southern District of New York (SDNY), the regulatory agency stated its position and confirmed that the agreed-upon sum for the reduced penalty is $50 million.

This development effectively concludes Ripple’s legal tussle with the government agency, which spanned several years and ultimately threw XRP in a bad light, dampening its prospects. Following the news, the XRP price quickly surged, heading towards $2.5 for the first time since March.

According to renowned crypto analyst EGRAG, the XRP price is likely to rally to $4.85. Citing historical data, they predict that XRP could replicate its 2020-2021 run and fetch current investors returns of over 1,000%.

Technical indicators also point towards this bullish prediction. The XRP price just broke the crossover resistance at $2.21 which was formed by the 50-day and 100-day Exponential Moving Averages. A strong breakout above the region would open the door for a breakout toward $4.85 and possibly $27, if we’re being exceedingly optimistic.

Remitiix is a PayFi protocol that champions cross-border crypto-fiat transactions. Essentially, it connects blockchain with traditional payment networks, allowing anyone to send crypto tokens right from their wallets to the bank accounts of recipients in fiat. This payment solution is revolutionary and could usher a new era for the global remittances market.

That’s because Remitiix plugs a huge gap in cross-border payments, especially on the retail side. It banks the unbanked, executes transactions at lightning speed and the fees are extremely cheap compared with traditional alternatives.

Naturally, the case ruling will accelerate Remitiix’s growth. With regulatory hurdles out of the way, Ripple would be expected to appreciate and Remitiix would follow suit. There’ll be more room for growth and Remitiix will expand, spread its wings, and fly.

Veteran crypto investors can see this. That is why Remitiix is in the mix in their crypto portfolios. But that’s not the only reason Remitix is set to appreciate stellarly in the coming weeks. The coin is still in presale, available for just $0.0757 per token. This is a suitable entry point for the average investor. It makes RTX quite affordable, with loads of room for tremendous upsides and profits.

The resolution of Ripple’s legal saga is more than just a win for XRP holders, it’s a green light for the entire crypto payments sector. As the regulatory clouds part, XRP is primed for a major run with analysts at TipRanks reporting a potential 12-month price target of $27.60.

But while XRP grabs the headlines, Remitix is quietly positioning itself as the next big thing. Offering a compelling mix of utility, innovation, and early-stage upside, it promises a potential 100x return for investors.

To learn more about Remitix, visit the website and socials.