The U.S. Securities and Exchange Commission (SEC) has officially ended its long-running lawsuit against Ripple Labs. Ripple settled by paying a $125 million fine, and the court upheld an injunction restricting institutional XRP sales, while confirming that public exchange sales are not securities. Both sides have dropped their appeals, marking the end of the legal saga .
Analysts view this as a major milestone reducing regulatory uncertainty for XRP .
2. Price Movement & Technical Momentum
Following legal clarity, XRP experienced a 4% gain, driven by institutional buying and a sharp increase in trading volume after the appeals were dropped .
On August 14, XRP broke through key resistance at ~$3.27, rising as high as $3.33–$3.34 amid heavy volume—helping establish new support around $3.20–$3.22 .
However, on August 15, XRP fell around 6%, falling back to the ~$3.10–$3.13 range amid a broader crypto market downturn tied to a hotter-than-expected US PPI (Producer Price Index) report .
3. Institutional Accessibility Expands
Interactive Brokers has added XRP to its trading platform—alongside other digital assets like SOL, ADA, and DOGE—opening up access for traditional investors .
4. Market Sentiment & Price Forecasts
Technical analysts suggest the chart could be forming a cup-and-handle pattern, potentially positioning XRP for a rally toward $11 if the bullish momentum continues .
A top trader cautions that this rally phase may be nearing its “glorious finale,” urging traders to have exit strategies as prices could peak—potentially between $8 and $13 by late August or September .
Conservative forecasts envision XRP reaching $3.12 by August 31, while mainstream outlooks range $4 to $5.50 by year-end. Some machine learning models give more modest estimates, while Fibonacci-based projections extend to $5.53 by end of year .
5. Broader Industry Context
Ripple’s SVP highlighted the XRP Ledger’s potential for tokenizing real-world assets, calling it uniquely suited for this purpose—a sign of growing utility beyond payments .
Meanwhile, a renewed wave of price predictions and adoption commentary continues to percolate across crypto media, reflecting renewed optimism around XRP’s future .
sel and buy