XRP News Today: XRP Classified as Commodity After Legal Win Drives Whale Transfer and Price Surge to $3.36

A major development in the cryptocurrency market emerged as a whale moved 30 million XRP—valued at approximately $99.8 million—in a single transaction just minutes after the conclusion of the Ripple vs SEC legal case [1]. This large-scale transfer, confirmed by on-chain data, triggered widespread speculation and commentary across social media and crypto platforms. Analyst Xaif Crypto highlighted the significance of the timing, noting that the transaction occurred immediately following the legal resolution, which cleared XRP’s regulatory status and is expected to boost institutional adoption and investor confidence [1].

The legal case had long cast uncertainty over XRP’s classification, but the recent ruling has now positioned the asset on a more stable footing. Shortly after the case ended, XRP was officially classified as a commodity under the U.S. Commodity Futures Trading Commission (CFTC) [1]. This regulatory milestone marks a turning point for XRP, aligning it with assets like gold, oil, and Bitcoin under the same legal framework. The classification removes the ambiguity that previously hindered institutional interest, making XRP eligible for derivatives trading on regulated U.S. platforms and opening the door to new financial products and investment opportunities [1].

The classification also sets a potential precedent for how other cryptocurrencies may be treated under U.S. law. With Bitcoin and Ethereum already recognized as commodities, XRP’s inclusion in this category reinforces its institutional viability. Xaif Crypto noted that XRP’s inclusion in regulated event contracts and its new CFTC status could signal a broader shift in the regulatory approach to digital assets [1].

In the wake of these developments, XRP’s price surged to $3.36 following the settlement news [1]. Analysts have pointed out that the cryptocurrency, currently the third-largest by market capitalization, could soon reclaim its recent all-time high of $3.65. Some market observers suggest that the whale’s move may indicate strategic repositioning by a high-net-worth investor anticipating further bullish momentum, while others caution that it could reflect short-term profit-taking [1].

The combined impact of the legal resolution and regulatory classification has shifted the narrative around XRP from uncertainty to legitimacy. The whale transaction, occurring at a pivotal moment, underscores the asset’s transition toward institutional-grade status. As the CFTC decision paves the way for broader adoption, the digital asset space is watching closely to see how this legal clarity influences investor behavior and market dynamics moving forward.

Source:

[1] Whale Splashes 30M XRP After Ripple Scores Legal Win – XRP Crowned a Commodity (https://coinmarketcap.com/community/articles/689608b09a14c16682dc544d/)