#CryptoComeback 🪧 On May 9, 2025, the XRP currency witnessed a significant price increase, trading at approximately $2.35, marking an 8.5% rise over the past twenty-four hours. This increase follows Ripple's settlement with the U.S. Securities and Exchange Commission (SEC), which concluded a legal battle that began in December 2020. The settlement includes a $50 million fine paid by Ripple and the return of $75 million of previously deposited funds.

The resolution of the lawsuit provided necessary regulatory clarity for XRP, boosting investor confidence. Analysts suggest that XRP could target resistance levels at $2.72, potentially reaching $3.40 if the upward momentum continues.

Additionally, a notable transaction involving around $107 million of XRP was observed, indicating increased activity among major holders of the currency. After addressing legal uncertainties, XRP appears poised for further growth, supported by market optimism and renewed investor interest.