XRP News Today: Ripple Settles SEC Lawsuit With 94% Penalty Reduction XRP Price Targets 67% Gain

Ripple Labs has officially concluded its protracted legal battle with the SEC by withdrawing its cross-appeal in the Ripple SEC lawsuit. This development marks a pivotal moment in a case that had the potential to significantly influence crypto regulations in the U.S. Legal expert Stuart Alderoty described the $125 million penalty for institutional XRP sales as a "strategic win," given that the SEC initially sought $2 billion. With the SEC likely to drop its remaining appeal, this resolution brings closure and allows Ripple to focus on expanding its business.

Ripple CEO Brad Garlinghouse has expressed strong support for XRP, emphasizing the company's shift from legal hurdles to strategic scaling. Garlinghouse's recent display of an XRP tattoo and his reaffirmation of belief in the token have further fueled excitement and confidence in the project. Digital Asset Buy noted that this gesture signifies a deep commitment, especially from a CEO with a Harvard MBA, reinforcing Ripple's long-term mission and loyalty to XRP.

The XRP price prediction for 2025 is looking increasingly bullish. The asset recently broke out of a descending triangle, gaining strength above $2.19. Technical indicators such as MACD and the 50-period EMA show positive divergence, with XRP surpassing the $2.15 mark and targeting key resistance levels at $2.27, $2.33, and $2.40. According to analyst Marcus Lin from BlockEdge Research, if XRP closes above $2.40, it could potentially move toward $3.50 or even higher. However, traders are advised to manage their risks carefully, as breakouts can lead to unpredictable price volatility.

With the Ripple SEC lawsuit behind it, the company is now concentrating on developing what it calls the "Internet of Value." The XRP Ledger has seen a significant increase in daily active addresses, indicating growing usage and network activity. Ripple has recently launched XRPL version 2.5.0, which enhances interoperability and improves smart contract functionality. These upgrades are crucial as XRP aims to expand its use beyond payment transfers. Crypto strategist Aleya Hassan noted that the market is responding positively to these developments and the clearer direction, providing strong support for the XRP price prediction 2025.

In conclusion, with the Ripple SEC lawsuit nearly over and Brad Garlinghouse's firm support, confidence in the XRP price prediction for 2025 is on the rise. While market risks remain, Ripple's focus on expansion and growing utility offers investors a reason to stay optimistic. The resolution of the legal battle and the company's strategic initiatives are expected to drive XRP's price toward new heights, potentially surpassing $3 in the near future.