XRP News Today: XRP Surges 10.5% as SEC Legal Case Resolves, Futures Volume Jumps 200%

XRP has experienced a significant price surge following a 200% increase in futures trading volume over the past 24 hours, a development that coincided with the conclusion of the U.S. Securities and Exchange Commission’s (SEC) legal case against Ripple Labs. The lawsuit, which lasted nearly five years, officially ended on August 1, 2025, when the SEC and Ripple agreed to drop all appeals, allowing the company to resume unrestricted distribution of its XRP token [2]. In the aftermath, XRP’s price climbed to as high as $3.32, reflecting a 10.5% increase within a single day [4].

The spike in XRP futures volume reached $12.4 billion, surpassing Solana’s $9.6 billion, according to on-chain data provider Glassnode [1]. This surge in activity is indicative of heightened trader interest and speculative positioning, particularly in the wake of the legal resolution. Open interest, the total value of outstanding futures contracts, also increased by 15% to approximately $5 billion [1]. A positive daily funding rate of 0.01% suggests that most traders are taking long positions, betting on further price appreciation [1].

From a technical perspective, XRP’s price recently broke above the upper trendline of a bull flag pattern, a formation typically seen as a continuation of an upward trend. Analysts have calculated an upside target of $4.50 by September or October, based on the height of the previous uptrend added to the breakout point [1]. This potential increase would represent a 35% gain from current levels. The likelihood of a Federal Reserve rate cut in September could further support such a move, as lower interest rates tend to boost demand for riskier assets like cryptocurrencies [1].

XRP’s cost basis distribution reveals that the largest cluster of supply—over 1.7 billion tokens—was acquired at prices between $2.80 and $2.82 [1]. This price range could act as a key support level in the event of a pullback, as many traders who are currently in profit may defend their positions. However, Glassnode has warned that heavy long positioning can increase downside risk, particularly if overleveraged traders face liquidations, potentially triggering a sharper correction [1].

Analysts remain cautiously optimistic about XRP’s future. Crypto analysts Milkybull Crypto and Dom have projected price targets of $5–$8 by 2025 and $10, respectively [1]. These estimates highlight the growing confidence in XRP’s long-term potential, especially now that the legal uncertainty surrounding the asset has been largely resolved.

The broader market has also responded positively to the settlement. XRP’s legal victory, which effectively validated Ripple’s argument that XRP should not be classified as a security, has led to increased regulatory clarity. This has been mirrored in the broader crypto market, with Bitcoin and Ethereum also experiencing upward momentum during the same period [5]. The CFTC’s recent recognition of XRP as a commodity in filings by Crypto.com further signals a shift toward institutional adoption and legitimacy [3].

The market’s reaction was immediate and widespread, with XRP rising another 12% on August 5, 2025, driven by both retail speculation and institutional strategy [6]. The settlement not only removed a major overhang for Ripple but also signaled a broader shift in how regulators may approach digital assets in the future.

While some analysts have raised concerns about potential volatility and corrections, particularly in light of XRP’s recent pullback in early August 2025, many view this as a natural part of the broader bullish trend [7]. The surge in futures volume and the strong technical signals suggest that market participants are broadly confident in XRP’s trajectory.

The resolution of the SEC-Ripple case has had a transformative impact on XRP’s market dynamics. With the legal cloud lifted, the token is now in a stronger position to attract both retail and institutional investment. The 200% surge in futures volume reflects this growing conviction and underscores the renewed optimism around XRP’s future as a leading digital asset [1].

Source:

[1] advfn.com

[2] TradingView

[3] CoinCentral

[4] CryptoRank

[5] CoinCentral

[6] The (Economic Times)

[7] The (Economic Times)