XRP Surges 3.31% to $2.18 as Ripple Resolves SEC Case, Market Eyes Regulatory Clarity

XRPUSDT experienced a 3.31% price increase over the past 24 hours, rising from a 24h open of $2.1101 to a current Binance price of $2.1800. This positive price movement is primarily attributed to the resolution of Ripple's legal case with the U.S. SEC, as Ripple officially withdrew its appeal and the SEC is expected to follow, providing regulatory clarity and reducing legal uncertainty for XRP. Despite recent volatility and large whale transfers, including a $439 million XRP movement by Ripple, the market has responded positively to the increased certainty around XRP's legal status.

Currently, XRP trades at $2.1800 with a 24-hour trading volume of approximately $3.11–$3.15 billion and a market capitalization near $123.7–$123.9 billion. The asset is consolidating within a range, with key support at $2.09 and resistance at $2.14, while traders monitor for potential breakout scenarios in the coming months.