By:

Bob Mason

Published: May 10, 2025, 06:27 GMT+00:00

Key Points:

  • XRP surged to $XRP 2.43 after the SEC’s Ripple settlement filing, sparking renewed bullish sentiment in the crypto market.

  • SEC Commissioner Crenshaw dissented, warning the deal weakens enforcement and investor protections in crypto.

  • XRP could break $2.50 and test $3.00 if bullish momentum continues amid favorable rulings and ETF developments.$XRP

  • SEC vs. Ripple Settlement Fuels XRP Demand

    The SEC’s court filing in the Ripple case on Thursday, May 8, triggered market reaction the following day. XRP rallied to a six-week high of $2.4273 after the settlement filing. However, Democrat SEC Commissioner Caroline Crenshaw dissented, stating:$BTC

    “This settlement, alongside the programmatic disassembly of the SEC’s crypto enforcement program, does a tremendous disservice to the investing public and undermines the court’s role in interpreting our securities laws. This is not a settlement I can support.”

    #bitcoin #xrp #AltcoinSeasonComing

    $