XRP Surges 5.25% After Ripple Ends SEC Dispute, Paving Way for Institutional Growth

XRPUSDT experienced a notable price increase of 5.25% over the past 24 hours, reaching a current price of $2.1898 on Binance. This upward movement is primarily attributed to Ripple Labs’ decision to end its cross-appeal against the U.S. SEC, effectively concluding a multi-year legal dispute and providing legal clarity that XRP’s programmatic sales are not considered securities. The resolution of this case has boosted market sentiment and optimism for future institutional adoption and potential ecosystem growth. Trading volume remains strong, with XRP maintaining its position as the fourth largest cryptocurrency by market capitalization, and current market activity reflects renewed confidence following the legal developments.