Why has xrp gone up I. The last few days

The price of XRP has experienced an increase of 14.62% on July 18. Ripple's recent developments have contributed to the rise in XRP's price over the past few days:

1. **Legal Clarity and Settlement**: The ongoing lawsuit between Ripple and the SEC has seen a delay in finalizing the settlement, with both parties needing to officially withdraw their appeals. Despite the uncertainties, the XRP price has jumped 29% weekly, now trading above $3.15. The recent news that Ripple has paid the $125 million SEC penalty in cash, not XRP tokens, has provided clarity, potentially easing regulatory concerns and positively impacted investor sentiment.
2. **Genius Response to Dodd-Frank**: Ripple CEO Brad Garlinghouse's comparison of the passing of "the last major financial regulation bill" to the GENIUS Act has bolstered confidence in Ripple's regulatory compliance and mainstream adoption. This historic moment is seen as a significant step for the U.S. as a stablecoin leader, which has contributed to the bullish sentiment surrounding XRP.
3. **New ATH Following Successful Crypto Week**: The passage of the GENIUS Act, the Clarity Act, and the Anti-CBDC Act has created a positive environment for the crypto market. XRP's rally to a new ATH reflects legal clarity and growing institutional demand. The appointment of BNY Mellon as the primary custodian for RLUSD has increased confidence in the stability and security of the stablecoin, further boosting XRP's outlook.
4. **Institutional Adoption**: Ripple's partnership with BNY Mellon and its application for a U.S. national bank charter indicate a strategic move to connect traditional finance with blockchain. The growing institutional adoption of RLUSD and the XRP Ledger, along with the expansion into European markets and the Dubai government selecting Ripple as custodian for real estate tokenization, have increased the demand for XRP.

In conclusion, XRP's recent price increase is a result of a combination of factors including legal clarity, institutional adoption, and strategic partnerships. These developments have collectively contributed to the bullish sentiment surrounding XRP in the market.

Crypto XRPUSD Percentage Change For Recent 2 Weeks Day By Day
|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|XRPUSD|XRPUSD.UDC|Ripple|20250705|-0.12160000000000001|UDC|
|XRPUSD|XRPUSD.UDC|Ripple|20250706|2.3943|UDC|
|XRPUSD|XRPUSD.UDC|Ripple|20250707|-0.0044|UDC|
|XRPUSD|XRPUSD.UDC|Ripple|20250708|1.7659|UDC|
|XRPUSD|XRPUSD.UDC|Ripple|20250709|4.0202|UDC|
|XRPUSD|XRPUSD.UDC|Ripple|20250710|5.9657|UDC|
|XRPUSD|XRPUSD.UDC|Ripple|20250711|7.2700000000000005|UDC|
|XRPUSD|XRPUSD.UDC|Ripple|20250712|0.26|UDC|
|XRPUSD|XRPUSD.UDC|Ripple|20250713|3.53|UDC|
|XRPUSD|XRPUSD.UDC|Ripple|20250714|4.31|UDC|