Ripple’s Legal Victory Fuels XRP Price Surge
Ripple Labs has officially settled all legal appeals with the U.S. Securities and Exchange Commission (SEC), marking a major breakthrough for the company and the broader cryptocurrency industry. This resolution has allowed Ripple to reclaim $75 million that was previously held in escrow.
The news has ignited a surge in XRP price, with the token skyrocketing by 10%, reaching $2.51 within hours of the announcement. The spike represents a 7.86% intraday increase, signaling renewed investor confidence.
XRP Price Gains Momentum Amid Legal Clarity
Despite a 15.16% drop in trading volume to $2.77 billion, XRP price has maintained an upward trajectory, recording a 9.08% gain over the past week. The cryptocurrency now holds a market cap of $142.97 billion, accounting for 4.96% of the total crypto market.
Ripple’s CEO, Brad Garlinghouse, celebrated the resolution, calling it a “historic chapter closed.” He emphasized that “the crypto war ends in failure for those who tried to use our government against innovation.” Meanwhile, Ripple’s Chief Legal Officer, Stuart Alderoty, highlighted the company’s strengthened market position and the growing confidence following the settlement.
This legal win concludes Ripple’s long-standing dispute with the SEC, a battle that had created uncertainty for XRP price since 2020. Experts believe this case sets a precedent that could reshape future regulatory discussions in the cryptocurrency sector.
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Bitcoin’s Rally Sparks Optimism, But Traders Stay Cautious
Bitcoin has rebounded significantly, reaching $88,500, fueling optimism across the crypto market. However, blockchain analytics firm Santiment has urged caution, noting that market sentiment often moves in the opposite direction of social media predictions.
Bullish forecasts for Bitcoin range from $100,000 to $159,000, while bearish estimates predict a drop to $10,000–$69,000. Santiment warns that extreme optimism or pessimism often signals potential corrections.
Earlier in the year, Bitcoin price faced downward pressure, dipping to $78,000 in response to President Trump’s economic policies, macroeconomic factors, and inflation fears. Meanwhile, gold prices soared, hitting $3,057 in March, as investors sought safer assets.
What This Means for XRP Price and Crypto Investors
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XRP price has gained strong momentum following Ripple’s legal victory.
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Analysts predict that if XRP surpasses $2.50, it could quickly target $2.59. However, a drop below $2.41 may invalidate the bullish trend.
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The resolution of Ripple’s case and Bitcoin’s resurgence highlight the need for regulatory clarity and strategic risk management in the cryptocurrency industry.
As the market reacts to these developments, investors will closely watch how XRP price and Bitcoin perform in the coming weeks