🪙 SEC, SWIFT, and ETFs—Trio of Triggers for XRP Price Action

Ripple’s decision to withdraw its cross-appeal, linked to a settlement with the SEC, also failed to revive XRP demand. Following the withdrawal, XRP fell 11%. Ripple Chief Legal Officer Stuart Alderoty announced Ripple’s cross-appeal withdrawal and favorable settlement terms with the SEC regarding Judge Analisa Torres’ Final Judgment.

The next closed SEC meeting is on April 3. A post-meeting announcement could be vital for XRP to sustain current price levels. An official withdrawal could accelerate:

📍Court filings to vacate Judge Torres’ injunction.

♦️Spot ETF approvals.

🪙Ripple’s US expansion and broader XRP adoption.

📍The April 3 SEC closed meeting could trigger hopes for XRP-spot ETF approvals and a push to lift the institutional sales injunction.

📍Over 11,000 banks tested XRP on SWIFT’s network, stoking speculation of a major remittance breakthrough.

One crucial component of Ripple’s settlement includes a request for Judge Torres to vacate the injunction prohibiting XRP sales to institutional investors. This could be pivotal for Ripple’s US expansion plans and broader adoption of its remittance platforms.

#BSCUserExperiences #GoldPricesSoar #TrumpTariffs #RippleUpdate #RippleCEO