XRP News Today: Ripple Ends SEC Legal Battle XRP Surges 4% as Price Hits $3.24

Ripple and the U.S. Securities and Exchange Commission (SEC) have formally ended their five-year legal battle after both parties agreed to dismiss their appeals on June 19, 2025. This resolution marks a pivotal moment for the XRP ecosystem, removing a major source of regulatory uncertainty and triggering a surge in XRP’s price. Reports confirmed on August 1, 2025, showed that the token climbed to an intraday high of $3.24 on Binance, with a 4% gain over the previous 24 hours, and a market capitalization exceeding $184 billion [4].

The price movement came amid growing optimism that the legal cloud surrounding XRP had lifted. On July 30, 2025, XRP surged past $3, gaining 4.5% within a single day, fueled by speculation that a resolution was imminent before an August 15 court update [9]. The upward trend continued into early August, with XRP reaching $3.08 on August 6 [8]. Analysts suggest that if buying pressure remains consistent, XRP could retest its multi-year high near $4.00 in the coming months [4].

Technically, XRP demonstrated a strong breakout on the 30-minute chart, piercing the $3.20 resistance level. The RSI spiked above 85, indicating overbought conditions, while the MACD remained bullish, suggesting continued upward momentum. Although a minor pullback is possible, the overall trend remains favorable for buyers [4]. Key resistance levels are now positioned around $3.50 and $3.80, while $3.10 is considered a critical support area that will determine the strength of the breakout [4].

The legal battle, which began in 2020, saw mixed rulings over the years. In July 2023, U.S. District Judge Analisa Torres ruled that Ripple’s programmatic sales of XRP did not violate securities laws, but that direct institutional sales did. The court later rejected a joint bid to reduce the $125 million fine, maintaining the original penalty [6]. The resolution now allows Ripple to focus on expanding its business operations, including its recent acquisition of Rail, a firm involved in stablecoin payments [8].

With the legal dispute concluded, XRP’s market trajectory appears more defined. Analysts are closely watching whether the token can break above key resistance levels, which could signal a broader bullish trend in the coming months. The resolution also opens the door for new financial products, including a potential dual Bitcoin-XRP ETF application by SBI Holdings in Japan [6].

The resolution between Ripple and the SEC has been a long-awaited development that brings clarity to the regulatory status of XRP and potentially sets the stage for broader institutional adoption. As the market digests this outcome, the next key focus will be on sustained buying pressure and the ability of XRP to maintain its momentum in a volatile crypto environment [4].

Source:

[1] Ripple and SEC Agree to Dismiss Appeals Ending XRP Lawsuit (https://coincentral.com/ripple-and-sec-agree-to-dismiss-appeals-ending-xrp-lawsuit/)

[4] XRP Price Surges After Ripple and SEC End Legal Battle (https://coindoo.com/market/xrp-price-surges-after-ripple-and-sec-end-legal-battle-whats-next/)

[6] XRP Regains Perch Above $3 As Crucial Date In Ripple vs SEC Case Approaches (https://zycrypto.com/xrp-regains-perch-above-3-as-crucial-date-in-ripple-vs-sec-case-approaches/)

[7] XRP Price Drops as Analyst Claims SEC Case Resolution (https://www.binance.com/en/square/post/27978583786042)

[8] XRP rebounds amid Ripple's stablecoin payments expansion (https://www.fxstreet.com/cryptocurrencies/news/xrp-price-shows-resilience-as-ripple-acquires-rail-advancing-stablecoin-payments-202508071700)

[9] XRP News Today: XRP Surges 4.5% as Ripple-SEC Case Nears Settlement Deadline (https://www.ainvest.com/news/xrp-news-today-xrp-surges-4-5-ripple-sec-case-nears-settlement-deadline-2508/)