$XRP Whale Moves $50M Amid Ripple Case Closure
XRP surged nearly 10% to $3.03 after the long-running Ripple vs SEC lawsuit officially ended with a joint dismissal approved on August 22. Riding the rally, a whale transferred 16.6M XRP (worth $50M) to Coinbase, sparking speculation about a possible sell-off.
The price boost also followed Fed Chair Jerome Powell’s hint at a potential interest rate cut, which lifted the broader crypto market. While some expect XRP’s newfound regulatory clarity to fuel long-term growth, its price remains far from the bold $10–$100 predictions.
