🔴Today I see that the XRP currency is experiencing one of its strongest moments in years, and the main reason is the conclusion of the legal dispute with the SEC after an agreement that requires Ripple to pay a fine of only $125 million, without any additional prosecutions. This decision, for me, is the removal of one of the biggest obstacles that were limiting the currency's spread and institutional adoption, and it opens the door for U.S. banks and institutions to enter comfortably.
🔸️Since the settlement announcement, I have noticed the price of XRP rising by more than 11% with a jump in trading volume, and this is a clear indication that the market is reacting confidently to the news. For me, this is not just a temporary bull wave, but the beginning of a new phase for the currency.
🔸️On the technical side, Ripple continues to develop its XRPL network and expand the use of its products like xRapid and xVia to accelerate transfers and reduce liquidity costs. These innovations support the fundamentals and make XRP more attractive to financial institutions around the world.
🔸️In the long term, I see that the currency has opportunities to achieve higher levels, especially if we succeed in breaking through important resistance areas like $3.60, which could pave the way towards levels of $5 and above. Personally, I am approaching this phase with cautious optimism — I maintain my positions and look for opportunities to strengthen during any corrections while monitoring regulatory and technical developments.