XRP News Today: XRP jumps 13 to 3.36 as derivatives surge and SEC case ends

XRP surged nearly 13% in the past 24 hours, reaching $3.36 and marking its highest price since July 28, outperforming both Bitcoin and Ether [1]. The rally was driven by increased derivatives activity on Deribit, including a large "block trade" where a trader purchased 100,000 call and put options at $3.20 for over $416,000 in premiums [2]. This "long straddle" strategy benefits from significant price movement in either direction, highlighting heightened market anticipation [3]. Another substantial straddle was also placed at $3.10 [4].

Lin Chen, Deribit’s Asia Business Head, noted a growing appetite for XRP options among institutional investors, prompting the exchange to introduce year-end contracts [5]. He added that XRP has outperformed Bitcoin this year, with a noticeable increase in block trades and institutional interest [6].

A key development contributing to the momentum was the resolution of Ripple’s long-standing legal dispute with the U.S. Securities and Exchange Commission (SEC), announced on August 7 [7]. The settlement removes a major regulatory uncertainty that had weighed on XRP for years, boosting investor sentiment [8]. At the time of reporting, XRP was trading at $3.36, with a 24-hour volume of $10.93 billion and a market capitalization of $199.33 billion [9].

Ripple also announced the acquisition of Rail, a stablecoin infrastructure firm, for $200 million on August 7 [10]. Analysts view the move as a strategic step to enhance XRP's role in cross-border payments and expand Ripple’s ecosystem [11]. The market appears to be reacting positively to Ripple’s broader integration strategy, aligning with trends in decentralized finance and multi-asset platforms [12].

The XRP surge reflects a broader shift in risk appetite within the crypto sector. Institutional options activity has intensified, with XRP outpacing Bitcoin and Ether in performance. The resolution of Ripple’s legal battle adds a layer of regulatory clarity that is often absent in the crypto market, potentially making XRP a more appealing option for institutional investors [13].

Despite ongoing regulatory scrutiny in some jurisdictions, the recent developments suggest investors are beginning to focus more on Ripple’s operational progress and strategic expansion. The acquisition of Rail and the positive market reaction indicate a growing emphasis on long-term fundamentals over short-term legal uncertainties [14].

Overall, the XRP rally highlights the evolving nature of institutional-grade crypto assets. As Ripple continues to strengthen its infrastructure and diversify its offerings, the token’s performance may increasingly reflect broader macroeconomic trends rather than regulatory news alone [15]. This shift could signal a more mature market where investor behavior is more closely aligned with fundamentals, a key step toward the long-term sustainability of digital assets.

---

[1] (https://www.cryptotimes.io/2025/08/08/xrp-surges-13-in-24-hours-to-3-36-hits-two-week-high/)

[2] (https://blockchain.news/news/20250808-xrp-price-surges-13-to-336-as-ripple-secures-major)

[3] (https://blockchain.news/news/20250808-cardano-ada-surges-776-as-community-approves-71m-development-package)