In recent days, XRP has been the center of important events that have influenced its market and public perception.
On March 19, 2025, Ripple Labs announced that the U.S. Securities and Exchange Commission (SEC) withdrew its appeal in the case against the company. This decision follows Judge Analisa Torres ruling that XRP sales on public exchanges did not qualify as securities. However, sales of XRP to institutional investors valued at $728 million did need to comply with securities laws, leading to a proposed fine of $125 million, currently pending Ripple's appeal.
Following the announcement, the price of XRP experienced a significant increase, surpassing the $1 mark for the first time in years, reaching $1.12. This surge is attributed to speculation about the possible resignation of SEC Chairman Gary Gensler and market optimism regarding Ripple's future.
Furthermore, the XRP futures market has shown a record open interest of $2.5 billion, reflecting investor confidence in the token's bullish potential. Ripple's 'whales' have recently accumulated over 250 million tokens, indicating expectations of a significant rally in the short term.
In the political arena, President Donald Trump proposed the inclusion of altcoins like XRP, Solana, and Cardano in a strategic U.S. cryptocurrency reserve, alongside Bitcoin and Ether. This announcement led to a rise in the prices of these digital assets, with XRP climbing over 35%. However, industry experts have expressed doubts about the strategic relevance of including altcoins instead of focusing on Bitcoin.
Currently, XRP is trading around $2.40, with an intraday high of $2.42 and a low of $2.36. Despite recent volatility, analysts maintain an optimistic outlook, suggesting that XRP could reach new all-time highs if current trends continue and positive developments occur in the regulatory and adoption landscape.
