Market Cap: $2.7997T 0.600%
Volume(24h): $94.3084B -48.570%
  • Market Cap: $2.7997T 0.600%
  • Volume(24h): $94.3084B -48.570%
  • Fear & Greed Index:
  • Market Cap: $2.7997T 0.600%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$84970.406320 USD

6.55%

ethereum
ethereum

$2232.353309 USD

5.10%

tether
tether

$0.999658 USD

0.10%

xrp
xrp

$2.180724 USD

8.22%

bnb
bnb

$595.246239 USD

4.24%

solana
solana

$143.544771 USD

11.62%

usd-coin
usd-coin

$1.000023 USD

0.01%

dogecoin
dogecoin

$0.204990 USD

10.18%

cardano
cardano

$0.646461 USD

9.37%

tron
tron

$0.236037 USD

7.84%

hedera
hedera

$0.230859 USD

25.60%

litecoin
litecoin

$127.299070 USD

8.30%

chainlink
chainlink

$14.651941 USD

7.13%

stellar
stellar

$0.300809 USD

15.64%

avalanche
avalanche

$22.030668 USD

7.25%

Cryptocurrency News Articles

XRP Price Surges 8.4% After SEC Drops Cases Against Ripple Labs

Mar 01, 2025 at 08:04 pm

Despite the broader market crash, XRP took a hit on February 24 but staged a quick recovery the next day, showing resilience.

XRP Price Surges 8.4% After SEC Drops Cases Against Ripple Labs

February 2025 was brutal for crypto, with the benchmark defiying crashing by 20.57%. Bitcoin fell 17.5%, Ethereum plunged 32.2%, and XRP dropped 29.3%.

Unlike the broader market, XRP took a hit on Monday but staged a quick recovery on Tuesday, showing resilience. Over the past 24 hours, it has jumped 8.4%, outpacing both Bitcoin and Ethereum.

This surge came after the SEC’s recent case drops that raised hopes of Ripple vs SEC case dismissal. But if that made you think XRP will moon, think again.

This will not be the only factor. According to analyst All Things XRP, XRP’s price activity will go higher once the legal chapter closes.

Exchanges like Coinbase and Kraken could expand trading pairs, while Binance.US might reintroduce XRP to its platform. The resulting liquidity boost and renewed retail interest could provide the initial push for a price rally.

Meanwhile, Ripple has already partnered with over 300 financial institutions through RippleNet, showcasing confidence in future adoption. With regulatory hurdles out of the way, major players like Standard Chartered, Santander, or even PayPal could integrate XRP for cross-border payments. This shift could lead to a massive spike in transaction volume.

Another key factor is Ripple’s newly launched RLUSD stablecoin. If Ripple strategically integrates RLUSD into DeFi platforms and pairs it with XRP, institutional investors could flood the network, attracted by the combination of stability and fast, low-cost transactions.

Tokenization: The Real Game-Changer?

Moreover, the analyst noted that Ripple has long hinted at real-world asset (RWA) tokenization on the XRP Ledger. With the SEC case resolved, Ripple could accelerate plans to tokenize assets like gold, real estate, or carbon credits. If XRP becomes the transaction fuel for these trades, demand could skyrocket.

The Power of Sentiment and Strategic Moves

If we're considering the broader market trends, February saw a shift in narrative from bear to bull. This momentum, combined with the SEC case resolution, is expected to put traders in a more positive frame of mind.

Garlinghouse is expected to use the company’s legal victory to generate a wave of positive momentum. From secret meetings with political leaders to major announcements, a well-executed PR strategy could further elevate XRP’s market position.

While the lawsuit’s resolution is a milestone, the real driver of XRP’s long-term price movement will be Ripple’s ability to deliver on its partnerships and technology. If adoption and scaling efforts materialize as expected, XRP could be in for a much bigger rally than just a legal win.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Mar 02, 2025