XRP News Today: XRP's Market Cap Surges 235% Post-SEC Ruling

XRP, the cryptocurrency associated with Ripple, has experienced a significant surge in its market capitalization, adding nearly $100 billion since Ripple's first major victory in the Securities and Exchange Commission (SEC) case. This remarkable growth is largely attributed to the legal clarity provided by the court rulings and the broader bullish sentiment in the cryptocurrency market.

On July 13, 2023, District Judge Analisa Torres ruled that XRP is not a security when sold to retail investors on public exchanges. This landmark decision was a pivotal moment for Ripple and the entire cryptocurrency industry, which had been closely monitoring the SEC's lawsuit since its inception in December 2020. The ruling provided a much-needed legal framework that boosted investor confidence in XRP.

Following the ruling, XRP's market performance has been exceptional. Between July 13, 2023, and May 12, 2025, the token added an average of $148 million per day to its market capitalization. At the time of the decision, XRP was priced at $0.81 with a market cap of $42.35 billion. By May 12, 2025, XRP was trading at $2.43, representing a 200% price increase. Its market cap had jumped to $141.96 billion, a $99.61 billion gain, or 235%. This equates to $4.53 billion in monthly inflows and $1.04 billion weekly on average.

Ripple's legal victories have been instrumental in driving XRP's price. In October 2023, the SEC's attempt to appeal Judge Torres’s ruling was denied, providing additional short-term boosts to XRP’s price. In April 2024, the court found that Ripple’s institutional XRP sales did not fully constitute unregistered securities offerings, further solidifying the legal standing of XRP.

However, the rise of XRP was not solely due to legal clarity. Broader market sentiment, particularly after the November 2024 U.S. presidential election, played a crucial role. The election of a crypto-friendly administration signaled a shift in regulatory tone, helping the token break through the long-standing $1 resistance level. This optimism was further fueled by the anticipation of a spot XRP exchange-traded fund (ETF), which could attract institutional interest and drive a price reaction similar to Bitcoin’s post-ETF surge.

On May 8, 2025, a proposed settlement was submitted to the U.S. District Court, outlining a $50 million payment from Ripple to the SEC and the return of $75 million in escrowed funds to the company. The agreement also seeks to lift an injunction against Ripple. Once approved, both parties are expected to dismiss their appeals, including Ripple’s challenge to the fine. This settlement could officially end the years-long legal battle and open the door to institutional inflows, further boosting XRP's market capitalization.

With the case nearing its end, many market watchers believe this could unlock a new wave of capital inflows into XRP. The SEC has until mid-October to decide on other pending applications, including the spot XRP ETF. If approved, the ETF could attract significant institutional interest, driving a price reaction similar to Bitcoin’s post-ETF surge. This potential approval, combined with the legal clarity provided by the court rulings, positions XRP for continued growth and market dominance.