I noticed an interesting situation with XRP—right now the coin is trading at $1.47, up +2.44% over the past day. Meanwhile, optimism is growing in the community about October. Many traders, including the well-known analyst JackTheRippler, expect a strong upward move thanks to the resolution of a long-running legal dispute with the SEC. Judge Torres issued a ruling that is generally favorable for Ripple—she recognized that XRP sales on secondary markets do not fall under the definition of securities. The company still had to pay a fine of $125 million, though, but that’s considered a relatively mild outcome for the crypto industry.

Now that legal uncertainty is easing, analysts expect a wave of institutional interest. XRPL is beginning to gain real recognition, and banks are showing activity. There are opinions that XRP could reach new highs—someone even names a target of $13, though that sounds quite optimistic. But overall, the trend is positive. If the legal matter is truly closed, then October could become a turning point month for Ripple and its ecosystem.