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

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

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