Ripple, SEC End Legal Battle as XRP Surges in Institutional Trading

The conclusion of the Ripple vs. SEC case has removed a significant regulatory obstacle, fueling renewed optimism and a strong rally in XRP's price, which surged over 10% and climbed above $3.30 amid heavy institutional buying and increased trading volume. Analysts predict that if Ripple discloses details of its 1,700 institutional NDAs, XRP could potentially double in price, reaching between $5 and $8 within a few months. Coinbase’s recent internal transfer of $55 million worth of XRP to a more active wallet suggests preparation for increased trading activity following the legal settlement. Technical indicators support the bullish momentum, with XRP breaking key resistance levels and showing potential for further gains up to $3.75 or beyond, though some caution remains about possible corrections if resistance levels are not cleared. Market inflows highlight strong large investor interest in XRP, surpassing Solana’s during a recent period, and the prospect of a Ripple-based ETF further bolsters expectations for an extended bull run. Overall, the end of the litigation and positive market dynamics have positioned XRP for significant growth and increased institutional participation.