$XRP As of May 10, 2025, XRP is trading at approximately $2.39, reflecting a 0.82% decrease over the past 24 hours.

Key Developments:

Ripple-SEC Settlement: Ripple has reached a settlement with the U.S. Securities and Exchange Commission (SEC), agreeing to pay $75 million. This resolution has boosted investor confidence, leading to an 8.5% surge in XRP's price.

Market Momentum: XRP's price has been influenced by broader market trends, including Bitcoin's rise to $104,000. Ethereum and Solana have also seen gains, contributing to a positive outlook for altcoins.

Whale Activity: A significant transfer of approximately $69.5 million worth of XRP to Coinbase has been reported, indicating increased activity among large holders.

These developments suggest a bullish sentiment surrounding XRP, with potential for further growth as market conditions evolve.