XRP rose over 10% today to trade above $3.33 after Ripple Labs and the U.S. Securities and Exchange Commission jointly agreed to dismiss all remaining appeals in their long-running lawsuit.
The decision leaves in place the ruling that XRP sales on public exchanges are not securities, while institutional sales remain subject to compliance rules. Ripple will pay a $125 million fine, already in escrow, to the U.S. Treasury.
Read also: What Is XRP’s All-Time High? It’s Complicated
Market Reaction and Trading Activity
The announcement sparked a sharp increase in market activity. XRP’s market capitalization grew by more than $20 billion overnight, with trading volumes more than doubling. The legal clarity is expected to encourage relistings by exchanges and wider adoption by payment providers and financial institutions.
What’s Next?
Speculation has intensified around the possibility of an XRP exchange-traded fund, with market odds for approval by the end of 2025 recently exceeding 80%. Reports suggest asset managers, including BlackRock, may consider filings, though no official confirmation has been made.
Technically, XRP has broken through the $3.33 resistance level, with traders watching $3.60 as the next target. Analysts note that while indicators show slightly overbought conditions, the removal of regulatory uncertainty has improved the asset’s outlook in the near term.
