Detailed Report on Ripple (XRP) – Saturday, May 10, 2025

1. Current Price and Market Performance:

Current Price: Ranges between $2.36 and $2.42.

Daily Change: Increase of 0.65% over the past 24 hours.

Market Capitalization: Approximately $140.5 billion.

Daily Trading Volume: Between $4.2 and $4.6 billion.

Weekly Performance: Increase of 9.6%.

Annual Performance: Increase of 360.7%.

2. Legal Developments:

On May 8, 2025, Ripple reached a final settlement with the SEC for $50 million.

This settlement ended a legal dispute that lasted more than 4 years.

This led to an increase in XRP by 9.43% in one day.

3. Predictions and Analysis:

Some analyses predict the price will reach $5 soon.

Warnings that the recent surge may be due to automated trading rather than actual investments.

4. Institutional and Technical Developments:

Ripple announced the expansion of its quarterly reports to include information on institutional use of XRP.

This indicates growth in the institutional adoption of the currency.

5. General Summary: Ripple shows strong performance thanks to the legal settlement and increased institutional interest, but caution should be exercised regarding any inorganic activity in the market.