XRP Regains Momentum with Over 25% Price Surge as Ripple Secures Big Legal Win, But Questions Remain on the Victory

Crypto lawyer Bill Morgan reaffirmed a statement by Ripple CEO Brad Garlinghouse noting the trajectory of XRP's challenges in the last four years.

Ripple CEO Brad Garlinghouse has highlighted the XRP price trajectory and upcoming crypto events in his recent statement.

According to Garlinghouse, XRP was the second most valuable digital asset before the SEC filed a lawsuit against Ripple. He noted the potential benefits a crypto-friendly Trump administration could bring and expressed gratitude to the XRP community for their support throughout the litigation process.

Garlinghouse described the SEC lawsuit as a “frustrating journey,” adding that the SEC began interfering in crypto affairs six years ago, picking winners and losers. However, he pointed out that the SEC only filed a lawsuit against Ripple four years ago, despite the lengthy crypto engagement.

Meanwhile, the Ripple CEO stated that the crypto community is starting to see light at the end of the tunnel as external factors, which he deems unnatural and manipulative, begin to fade.

Highlighting a positive trend in the cryptocurrency market, Garlinghouse described it as “headwinds turning to tailwinds.” He believes this shift indicates growing market momentum, presenting opportunities for long-term XRP supporters.

This optimism aligns with XRP’s recent price surge. The altcoin rose from $0.4957 last Monday to a local high of $0.6186 over the weekend, marking a gain of more than 25% before slightly retracing to $0.5802 at the time of writing.