During the last bull market, XRP faced hurdles in surpassing its previous all-time highs (ATHs) from 2018, primarily due to two key factors:
The ongoing lawsuit with the SEC 🏛️ has made many financial institutions cautious, leading them to stay on the sidelines while awaiting the outcome. This uncertainty has significantly influenced investor sentiment. Additionally, the increased supply of XRP 💰 has resulted in price dilution, impacting its upward momentum.

Looking ahead, while an increase in circulating supply is anticipated, the resolution of the SEC lawsuit holds substantial potential to shape XRP’s price trajectory. A loss for Ripple Labs could entail fines and adverse effects on the Ripple blockchain's operations. Conversely, a favorable outcome could offer regulatory clarity, potentially spurring increased institutional adoption and driving the price higher.

The emergence of Central Bank Digital Currencies (CBDCs) 🏦 could also contribute to boosting XRP’s value, as banks may adopt it as a bridge currency among various CBDCs.

Retail investor sentiment 📈 is another critical factor influencing XRP’s price. The "XRP Army," a large and active online community, played a significant role in driving XRP to its 2018 ATH, underscoring the impact of community support on the cryptocurrency’s value. However, it’s essential to conduct thorough research and seek expert investment analysis before venturing into the volatile crypto market.