After months of waiting, FTX customers finally have a payout date in sight. A Delaware bankruptcy court has greenlit the release of $1.9 billion in reserves, paving the way for a new wave of customer distributions.
The record date is locked for August 15, with payouts potentially rolling out by September 30, 2025. But it’s not as simple as sitting back and waiting for the money. FTX is enforcing strict KYC and tax verification steps, warning that unverified users won’t receive anything.
Distribution Winds Pick Up—But Stay Scam-Aware
The released funds stem from a reduction in the reserve for disputed claims, which has now shrunk from $6.5 billion to $4.3 billion. This strategic reallocation follows the disqualification or resolution of several claims, unlocking assets for the next round of disbursements.
Funds will be distributed via BitGo, Kraken, and Payoneer, each of which will be tasked with processing claims through the FTX Recovery Trust. However, there’s a strong warning from FTX, reminding users that it will never ask them to connect wallets or share private keys, citing an increase in phishing attempts ahead of the payouts.
X Reacts: Community Still Frustrated
While the development signals progress, the crypto community remains cautious. On X, users shared mixed reactions, with some celebrating the step forward and others still questioning the timeline.
FTX had previously unstaked over $31 million worth of Solana tokens, sparking speculation that those funds would contribute to repayments. However, no confirmation has been issued about their use, adding another layer of mystery to the recovery plan.
FTX Payouts Use 2022 Prices, Sparking Backlash
Even though repayments are finally starting, many crypto holders are upset that FTX is using prices from way back in November 2022 to calculate how much people get. That’s a big deal for those who held Bitcoin on the exchange before it collapsed, because since then, BTC has shot up nearly 500%.
Right now, Bitcoin is trading under $120K, but the payouts are being calculated using much lower prices from two years ago. For many, that feels like missing out on massive gains. This mismatch is frustrating for investors and may be one reason why Bitcoin’s price dipped slightly today, as people worry about more coins hitting the market and what that could mean for prices.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
In major XRP News Today, Ripple president backs RLUSD and XRP Ledger.
Ripple’s XRP finally neared the long-awaited $3 mark after President Donald Trump
Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election
Also, a number of SEC cases that had cast doubt on the future of leading cryptocurrency companies have been dropped, giving hope for a favorable outcome in the Ripple vs SEC lawsuit. Amid this, Brazil’s securities regulator has approved the first spot XRP ETF, indicating a rising demand from institutions.
After the US SEC acknowledged an XRP ETF filing by Grayscale and the NYSE, top analysts are predicting that the XRP price might hit $10 if it gets approved. Considering all these positive developments, our XRP price prediction will explore the potential answers to questions such as “Will XRP reach $10 in 2025?” by providing short term and long-term Ripple (XRP) price prediction.
Overview
Cryptocurrency
XRP
Token
XRP
Price
$2.46
Market Cap
$141.02 billion
Trading Volume
$14.24 billion
Circulating Supply
57.94 billion XRP
All-time High
$3.84 Jan 04, 2018
All-time Low
$0.002802 Jul 07, 2014
24-hour high
$2.95
24-hour low
$2.43
XRP Price Today
XRP with a price tag of $2.4523 has been trading within a descending triangle, hinting at a potential breakout in the short-term. As per our XRP price analysis, a push above the immediate resistance at $2.5185 could lead to a breakout above the triangle to $2.6068. In contrast, a breakdown may cause a test of $2.2747, and in bearish circumstances, it may also drop to $1.9983. That being said, the ascending channel withi the triangle indicates a modest bullish momentum.
XRP Price Chart 05th March 2025
XRP Price Prediction 2025
A few factors will likely shape XRP’s market performance in 2025. The main factor that will decide XRP’s trend in 2025 is the conclusion of the Ripple vs SEC lawsuit. However, there’s more in store for XRP, as in a recent announcement, U.S. President Donald Trump had mentioned XRP being included in the newly formed U.S. Strategic Crypto Reserve.
Talking about efforts and progress being made at Ripple Team’s end, Monica Long, President at Ripple highlighted that RLUSD stable coin will serve as the basic necessity for the entire Ripple ecosystem. She mentioned how the Ripple blockchain network allows users to tokenize, store, move, and exchange assets. Another major highlight from the discussion was how Ripple’s open source code for the XRP ledger is contributing to the blockchain industry.
If things go in favor of Ripple, XRP price could surge to a maximum of $5.81 by the end of 2025. In contrast, if the lawsuit continues, XRP could remain under a narrow range with a potential low of $2.3. That being said, we can expect an average price of $4.89.
Year
Potential Low
Potential Average
Potential High
2025
$2.3
$4.89
$5.81
Ripple (XRP) Price Prediction 2026 – 2030
Year
Potential Low ($)
Potential Average ($)
Potential High ($)
2026
5.6
6.25
8.64
2027
7.15
8.89
12.25
2028
11.3
14.11
16.53
2029
13.98
16.48
21.12
2030
16.92
19.87
26.97
XRP Price Prediction 2026
XRP price will likely witness a strong growth in 2026. There is a possibility that XRP can break through the $8.64 level and hold the price by the end of 2026. The minimum XRP price will be around $5.6, with an average trading price of $6.25. This could be a result of Ripple’s role in CBDC development and XRP’s rising institutional demand.
XRP Price Prediction 2027
By 2027, market analysts and experts predict that XRP’s price will range between $7.15 to $12.25. XRP price might record an average level of $8.89. The reason behind this surge could be due to Ripple’s increasing domination in the payment sector, accelerating XRP’s buying demand and utility.
XRP Price Prediction 2028
In 2028, Ripple could increase its use cases, including new dApps and announcements regarding XRP. This might boost the dominance of XRP as the second largest altcoin by market cap. We expect the XRP price to range between $11.3 to $16.53. The average trading price could be around $14.11.
XRP Price Prediction 2029
Partnerships with multiple governments and wider adoption might strengthen XRP’s price in 2029. The altcoin might record a trading range between $13.98 to $21.12, with an average price of $16.48.
XRP Price Prediction 2030
The long-term XRP price prediction depends on Ripple’s ability to expand its offerings across the crypto market. If everything remains positive, XRP price could scale between $16.92 to $26.97. With that price range, the average tag could be at $19.87.
Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, has recently submitted a letter to the U.S. Securities and Exchange Commission (SEC) demanding clarity and differentiation between crypto tokens and investment contracts. While addressing SEC’s Crypto Task Force, headed by Commissioner Hester Peirce, Alderoty argued that most fungible crypto assets won’t qualify as securities under the existing laws. Ripple CLO Demands Crypto Regulatory Clarity In his SEC letter, Alderoty cited the ‘The Ineluctable Modality of Securities Law’ paper by Lewis Cohen, stating that an investment contract requires a legal relationship between a buyer and a seller. However, this is not necessary in the secondary market transactions of the crypto market, he said. In the ongoing SEC vs Ripple lawsuit, the Ripple CLO also pointed out the ruling by Judge Torres where XRP was deemed not a security in secondary sales, although the earlier institutional sales met the criteria for investment contracts. While… Read More at Coingape.com
$380M from Chinese FTX users may be erased. #FTX is pushing to exclude creditors from 49 countries, including China — no payout, no justice.
FTX promised equal treatment, now cherry-picking “restricted jurisdictions”
