On Sunday, May 11, 2025, the price of $XRP showed a positive trend again, trading in the range of $2.42. This increase reflects strong bullish sentiment in the crypto market, driven by several key factors.

Factors Driving the Price Increase of XRP

• Legal Settlement with SEC

Ripple reached an agreement with the U.S. Securities and Exchange Commission (SEC), agreeing to a fine of $50 million, much lower than the initial demand of $125 million. This settlement ends the legal uncertainty that has overshadowed XRP since 2020, providing regulatory clarity and boosting investor confidence.

• Launch of XRP Futures by CME

CME Group announced it will launch XRP futures contracts on May 19, 2025.