XRP News Today: XRP Surges 11% on Ripple Legal Win as SEC Appeal Nears Decision

XRP surged above $3 in early August 2025 as the Ripple vs. SEC legal case approached a potential appeal resolution, reigniting bullish sentiment across the cryptocurrency market. The token had been consolidating in the $2.90–$3.00 range, with traders closely monitoring the $2.98 level to gauge the strength of the upward trend [1]. A short-term rally pushed XRP to a peak of $3.04, according to CoinGecko, driven by a favorable macroeconomic climate within the Ripple ecosystem [3]. The price action reflected renewed confidence, especially after Ripple’s recent legal victory, which triggered an 11% increase in XRP’s value [2]. Analysts emphasized the importance of maintaining strong buying pressure to sustain the rally [2].

The legal landscape has been a key driver behind XRP’s price movements. Ripple CEO Brad Garlinghouse announced in June 2025 that the company would drop its cross-appeal in the case, with the SEC expected to follow suit. This development signaled a possible resolution, although the appeals remain technically active until both parties formally withdraw [3]. The SEC is set to deliberate Ripple’s decision on August 7 and must submit a status report by August 15 [3]. A significant turning point in the case occurred in July 2023, when Judge Analisa Torres ruled that Ripple’s programmatic sales were not violations of securities laws, while direct institutional sales were deemed securities, leading to a $125 million fine [3]. A recent attempt to reduce the fine to $50 million was rejected by the same judge, reinforcing the uncertainty surrounding the case.

Market participants continue to watch these legal developments closely. A failed attempt to break above $3.02 in the final hour of a recent rally underscored XRP’s volatility and the need for sustained investor confidence [4]. However, XRP has maintained support above the $2.90–$3.00 range, suggesting the potential for further gains [5]. On the technical side, a short liquidation zone near $3.64 could become the next key resistance level if the momentum continues [2].

Some analysts have offered long-term forecasts for XRP, with one projecting a price of $10 by 2027 [6]. More ambitious predictions suggest XRP could reach $26.50 by 2030 and even $526 by 2050, though these estimates are speculative and should be approached with caution [7]. The near-term trajectory of XRP will likely depend on the outcome of the SEC’s upcoming vote. A dismissal of the case could lead to a rapid upward move, while a failure to resolve the appeal may result in renewed volatility and uncertainty [8].

XRP’s recent climb above $3 marks a significant milestone, driven by both market dynamics and legal developments. With key resistance levels ahead and the potential for further legal clarity on the horizon, the coming weeks will be crucial in determining whether this rally is the start of a broader uptrend or a temporary surge in bullish momentum.

Source:

[1] https://m.economictimes.com/news/international/us/xrp-price-today-whales-dump-1-9b-after-ripples-legal-win-short-term-test-or-medium-term-breakout-ahead/articleshow/123176340.cms

[2] https://www.thecoinrepublic.com/2025/08/08/xrp-price-surges-11-after-ripples-sec-win-can-it-break-3-64/

[3] https://zycrypto.com/xrp-regains-perch-above-3-as-crucial-date-in-ripple-vs-sec-case-approaches/

[4] https://cryptoadventure.com/xrp-pushes-through-3-as-ripple-sec-appeal-decision-looms

[5] https://www.bitget.com/price/bolt/price-prediction

[6] https://www.aol.com/could-xrp-ripple-hit-10-093000273.html

[7] https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/

[8] https://www.binance.com/en/square/hashtag/SECvsRipple