Ripple Secures $75 Million as SEC Case Ends—XRP Price Surges

March 26, 2025

3 minutes read

Ripple

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.

DON’T MISS THIS: Nigeria to Ban Solar Panel Imports, Boost Local Production for Clean Energy Transition

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

  • XRP price has gained strong momentum following Ripple’s legal victory.

  • 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.

  • 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

Share:
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Related Links

Crypto ATM regulation Australia

Australia’s AUSTRAC Puts Crypto ATM Operators on Notice Over Money Laundering Risks

Australia’s financial crimes watchdog, the Australian Transaction Reports and Analysis Centre (AUSTRAC), has issued a ...

African startup funding

African Startups Cross $2 Billion in Funding as 2025 Brings a Cautious Outlook

African Startup Funding Surpasses $2 Billion Amid Changing Market Trends African startup funding reached a ...

Tecno Camon 40 Premier Unveiled: A Feature-Packed Mid-Ranger with Premium Design

Tecno Camon 40 Premier: A Stunning Mid-Range Contender The Tecno Camon 40 Premier has officially ...

EU response to US tariffs

Olaf Scholz Warns U.S. Against Trade Tariffs, Asserts EU’s Readiness to Retaliate

EU Response to US Tariffs: Olaf Scholz Warns Washington Against Trade War German Chancellor Olaf ...

Latest News

Today in History

April 1st is the day in 1293 that Robert Winchelsey leaves England for Rome, to be consecrated as Archbishop of Canterbury.

Exchange Rate Per Dollar

AM Armenian Dram390.977
GH Ghana Cedi15.5004
GM Gambian Dalasi72
GN Guinea Franc8,652.2
NG Nigerian Naira₦1,533.72
CF CFA Franc BEAC606.963
01 Apr · CurrencyRate · USD
CurrencyRate.Today
Check: 01 Apr 2025 06:05 UTC
Latest change: 01 Apr 2025 06:00 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀

YOUR THOUGHTS

Let us know what you think

Contact the People’s Paper with feedback on stories and how we could make wapress.africa even better!

newsletter image

Stay up to date with the latest from West Africa Press

Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on WApress.

Subscribe Newsletter!

Be the first to receive our latest contents and more...

Need help?