Here is the latest update on currency $XRP #Xrp🔥🔥 XRP as of today, August 8, 2025:
Price and Market Movement
The current price is experiencing a slight movement, standing at 3.33 USD, with a minor change compared to the previous session.
Other platforms like CoinMarketCap indicate a price of 3.33 USD with a daily increase of about +8% and a market value close to 197.5 billion USD.
According to Binance, the price is around 3.32 USD (Market Cap ≈ 196.95 billion USD, Daily Trading Volume ≈ 11.88 billion USD).
Revolut records a slightly higher price of ≈ 3.354 USD (+11.8% over 24 hours).
Legal and Regulatory Developments
Ripple and the SEC have concluded their long legal dispute, agreeing to drop appeals, effectively ending the legal war between the two sides after five years.
This development was received with optimism in the market, raising the price of XRP by +11% in today's session immediately after the announcement.
A technical indicator from CoinDesk suggests the formation of a "Bull Flag" pattern that could push the price towards 8 USD if the positive momentum continues.
General Background and Usage
XRP is a digital token created in 2012 as the native currency on the XRP Ledger (XRPL), designed to expedite cross-border payments at a lower cost and with less energy compared to Bitcoin.
XRP is characterized by its speed in settling transactions (3–5 seconds), and Ripple has issued most of the token supply and deposited it in an escrow account to ensure organized distribution.
