Ripple (CCC:XRP-USD) is making news on Friday as the crypto prepares for another faceoff with the U.S. Securities and Exchange Commission (SEC) later this month.

A telephonic conference between Ripple and the SEC has been set for May 21. This will have the SEC pushing for legal documents from Ripple concerning legal advice it has gotten concerning the regulatory status of XRP.

XRP's price predictions in future vary between analysts. Some have said if XRP continues on its road to wider adoption, its price could be as high as $200 by 2030. Some predict that it would be around $5 by 2022. There are many factors involved in affecting XRP's price in the future.

Watch full update on XRP:


https://www.youtube.com/watch?v=AQMEfCAfwog

2021 has seen booms throughout cryptocurrency fields, with currencies like Bitcoin experiencing a whopping 500% boom. XRP, the currency founded by Ripple Labs, is one of the most popular cryptocurrencies today, with 1,353,784 transactions in the last 24 hours.

In recent months, the currency’s sharp incline was higher than most predictions, breaking the $1 mark in April 2021.

Analysts expect to see steady inclines in the value of the coin for the rest of the year but according to most experts, the coin’s long-term value depends on different factors:

-A favorable outcome in the SEC lawsuit.
-Increased demand of XRP from Ripple halting further sales of the coin.
-The impact of bullish trends after the value bottomed out.
If you’re thinking of following the trend and buying into XRP while you still can, the first thing you would have to understand are the scenarios in which the coin would peak at $5.