As global markets stabilize following eased U.S. trade tensions, Bitcoin (BTC) has spearheaded a bullish recovery in the cryptocurrency sector, with XRP leading altcoins. Optimism stems from anticipated tariff reductions between the U.S. and key partners like the EU, which has begun negotiations to avert a potential recession. Meanwhile, Ripple, the blockchain company behind XRP, is nearing a resolution in its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC), boosting investor confidence.
Under the Donald Trump administration, Ripple has gained a friendly regulatory approach from the U.S. SEC. As Coinpedia previously reported, the U.S. SEC, under chair Paul Atkins, has been classified as a payment asset and not a security, thus signaling an imminent end in the long-standing legal battle.
Earlier today, James Filan, a top defense lawyer, reported that both the U.S. SEC and Ripple have filed a joint motion to temporarily suspend their appeals and pave the way for the ongoing settlement.
The potential end to the SEC lawsuit has fueled growth in the XRP Ledger (XRPL) ecosystem, particularly among institutional investors. Ripple recently announced a $1.25 billion acquisition of Hidden Road, a prime brokerage specializing in crypto trading and liquidity solutions. This move aims to enhance trading volumes for XRP and Ripple’s stablecoin, RLUSD, by improving market infrastructure for institutional clients.
Ripple’s focus on cross-border payments—where XRP serves as a bridge currency for fast, low-cost transactions—positions it as a leader in blockchain innovation. With regulatory hurdles clearing, banks and payment providers may accelerate XRP adoption, further driving demand.
After dipping below $2 amid early trade war fears, XRP has regained bullish momentum, supported by regulatory optimism and institutional inflows. The altcoin, with a fully diluted valuation of approximately $200 billion, recently broke above its 50-day moving average, confirming a market reversal on the daily chart.
However, risks remain. Broader market volatility or unresolved global trade issues could pressure XRP back to lower support levels. Traders should monitor the Relative Strength Index (RSI), currently at 65, as it nears overbought territory.
With Bitcoin paving the way and Ripple resolving regulatory challenges, XRP is well-positioned for growth in 2025. The SEC settlement and Ripple’s strategic investments signal a maturing ecosystem, but traders should remain cautious of macroeconomic risks. Do you think XRP will break $2 this month? Share your thoughts below!
Ripple and the SEC filed to suspend appeals, signaling a near-final settlement ending their long legal battle.
XRP is rising due to easing trade tensions, SEC settlement progress, and Ripple’s institutional expansion moves.
If bullish momentum continues and it closes above $2, XRP could rally toward $2.5, supported by investor optimism.
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