XRP News Today: XRP Soars 10.5% on SEC Legal Dispute Resolution and Regulatory Clarity

Generated by AI AgentCoin World
Friday, Aug 8, 2025 6:54 am ET1min read
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Aime RobotAime Summary

- XRP surged 10.5% to $3.32 after SEC and Ripple dismissed appeals, resolving a 5-year legal dispute and clarifying regulatory status for public XRP sales.

- Major altcoins like XLM (+14%), LINK (+14%), and ADA (+7-8%) rallied alongside XRP, driven by broader regulatory clarity on staking protocols and crypto retirement access.

- Analysts highlighted renewed market optimism, with 85% of traders predicting ETH will exceed $4,000 by month-end and the Fear & Greed Index shifting to "greed" territory.

- XRP's technical outlook shows potential for $3.65-$5.50 if positive news continues, while the global crypto market cap rose 1.2% to $3.89 trillion amid increased institutional interest.

Late Friday, the cryptocurrency market witnessed a broad-based rally among major altcoins, with

XRP
leading the charge following the resolution of a long-standing legal dispute with the U.S. Securities and Exchange Commission (SEC). XRP surged 10.5% to $3.32, while
Stellar
(XLM) and
Chainlink
(LINK) also climbed more than 14% to $0.46 and $19.22, respectively, in the past 24 hours [1].
Sui
(SUI),
Cardano
(ADA), Hyperliquid (HYPE), and
Solana
(SOL) also posted gains ranging between 7% and 8%, signaling a widespread shift in market sentiment [1].

The rally was fueled by the dismissal of appeals by both the SEC and

Ripple
Labs in the Second Circuit Court, effectively bringing the five-year legal battle to a close. The court upheld a 2023 ruling that institutional XRP sales violated securities laws but clarified that public exchange sales did not, reducing regulatory uncertainty around the asset [1]. Traders and analysts attributed the momentum to this development, along with broader regulatory developments such as the SEC’s confirmation that liquid staking protocols like Ethereum’s Lido and Solana’s Jito are not considered securities [1].

Ethereum (ETH), while trailing behind the top-performing altcoins, rose 4.6% to $3,892.83, reflecting broader optimism in the market. This surge in confidence is evident in prediction markets, where 85% of Myriad Market users now believe ETH will surpass $4,000 before the end of the month, up from 54% the previous day [1].

Illia Otychenko, Lead Analyst at CEX.IO, noted that the rally was driven by a combination of factors, including the recent executive order allowing crypto in 401(k) retirement plans, and the SEC’s regulatory clarity on staking. “The crypto market saw a rapid change in sentiment driven by multiple factors, not just the end of SEC and Ripple’s appeals removing a major hurdle for XRP,” he said [1]. This shift in mood has led to increased speculation and social media-driven FOMO, pushing the Fear & Greed Index back into the greed territory [1].

Mal Zane, Regional Director at CoinEx, highlighted XRP’s strong technical outlook. “A breakout above $3.33 could pave the way toward $3.65 in the coming days,” he said. Zane also identified medium-term price targets for XRP at $5.00–$5.50, assuming continued positive news flow and liquidity inflows over the next one to one-and-a-half months. On the downside, a break below $3.10 could slow XRP’s gains and possibly push it toward $2.80 [1].

The global crypto market cap has risen by 1.2% in the past 24 hours to $3.89 trillion, reflecting renewed institutional and retail interest amid the favorable regulatory environment [1].

Source: [1] XRP Leads Double Digit Altcoin Rally as Cardano, Chainlink and SUI Surge (https://decrypt.co/334238/xrp-cardano-chainlink-sui-altcoin-rally)