XRP (XRP-USD) is finally getting some breathing room. After years stuck under regulatory pressure, the U.S. Securities and Exchange Commission officially dropped its appeal against Ripple. That news alone sent XRP flying up 12% before settling at a 3% daily gain. Ripple CEO Brad Garlinghouse called it “the moment we’ve been waiting for.” And the market seems to agree.
Legal Clarity Gives Hope for XRP ETF
The end of the SEC case didn’t just lift a weight off Ripple’s shoulders—it also opened the door for bigger things. According to Polymarket, there’s now an 87% chance that a spot XRP ETF will be approved by 2025. That’s up sharply since the legal news dropped. And with Donald Trump pushing for rate cuts while crypto adoption ramps up, the timing couldn’t be better.
XRP’s Technical Strength Builds as Sentiment Improves
XRP is now up 31% from its March low of $1.89, reclaiming key technical levels like the 50-day simple moving average. The Relative Strength Index (RSI) is also in bullish territory. Add in a 54% surge in trading volume on March 24, and it’s clear traders are paying attention. Santiment also noted that XRP’s trading activity continues to accelerate, even as it faces resistance at $2.52.
