Why Is XRP Going Up?

The XRP price has shot up an impressive 12.12% to $2.52, this spike was in minutes, after the news around the U.S. SEC dropping the lawsuit surfaced on the internet. Talking about its intraday trade volumes, the numbers are currently up 34.68% to $4.68 Billion. And the market capitalisation has risen by 10% to $145.86 Billion.