XRP News Today: XRP Surpasses Bitcoin, Ethereum in Coinbase Buyer Ranks Post SEC Legal Clarity

XRP has surged to the forefront of cryptocurrency market activity, claiming the top spot on Coinbase’s buyer rankings with 101,000 participants, surpassing Ethereum (88,000 buyers) and Bitcoin (87,000 buyers) in retail demand [1]. This surge coincided with the token reclaiming the $3.20 psychological price level after a volatile liquidation phase, signaling renewed investor confidence. Market analyst Saint attributed XRP’s dominance to “clear retail buying of the dip” amid broader market optimism, noting its 10,000-unit lead over its top rivals and a significant gap from Solana, which trails with 32,000 buyers [1]. The token’s performance underscores its appeal as a blend of technical momentum, institutional legitimacy, and renewed utility in cross-border payments.

Regulatory developments have further catalyzed XRP’s momentum. Ripple’s long-running legal battle with the U.S. Securities and Exchange Commission concluded in July 2025 when the agency withdrew its cross-appeal, a resolution confirmed by CEO Brad Garlinghouse [2]. This outcome removed a major barrier to institutional adoption, with analysts suggesting it could pave the way for a spot XRP ETF application. The resolution aligns with broader industry trends where regulatory clarity often precedes price surges, though the token’s trajectory will depend on macroeconomic conditions and institutional follow-through.

Technical momentum has also driven XRP’s performance. The token reached $3.65 in mid-July—a seven-year high—and briefly dipped to $3 before rebounding above $3.20 [3]. This volatility attracted both short-term speculators and long-term investors, with the latter capitalizing on improved fundamentals such as compliance upgrades to the XRP Ledger. Unlike many speculative assets, XRP’s utility in cross-border payments adds a tangible value proposition, with on-chain analysts highlighting its practical applications. For instance, the XRP Ledger facilitated a $130 million breakthrough in Brazil’s private credit markets, with over $500 million in additional tokenized finance projects queued [3].

Retail diversification is another key factor. Coinbase’s data reflects a shift in investor strategy, with XRP drawing allocations from regulatory-focused buyers and technical traders. While Ethereum and Bitcoin retain larger market caps, XRP’s trajectory suggests growing acceptance across both retail and institutional segments. The token’s regulatory resolution and practical use cases position it to challenge established assets, particularly if macroeconomic conditions favor risk-taking. However, institutional caution persists, and XRP’s ability to sustain its momentum will hinge on maintaining liquidity and expanding its utility beyond speculative trading.

The broader crypto market remains bullish, with Bitcoin hitting historic highs above $122,000 and Ethereum posting notable recoveries [3]. Positive on-chain metrics and macroeconomic catalysts have reinforced risk-on sentiment, indirectly supporting XRP’s ascent. Analysts caution that while XRP’s buyer rankings highlight its retail traction, its long-term success will depend on continued adoption in real-world applications and regulatory stability. For now, the token’s resurgence reflects a confluence of factors—legal clarity, price performance, and practical utility—that have rekindled investor interest after years of uncertainty.

Source: [1] ["XRP Tops Coinbase Buyer Charts as Price Reclaims $3.20"](https://coinpaper.com/10179/xrp-emerges-as-the-most-bought-crypto-on-coinbase-amid-bulls-regaining-3-20-level) [2] ["Regulatory Milestone & ETF Buzz"](https://coinpaper.com/10179/xrp-emerges-as-the-most-bought-crypto-on-coinbase-amid-bulls-regaining-3-20-level) [3] ["Surging Market Momentum"](https://coinpaper.com/10179/xrp-emerges-as-the-most-bought-crypto-on-coinbase-amid-bulls-regaining-3-20-level)