On May 9, 2025, XRP experienced a significant price increase, trading at approximately $2.35, marking an 8.5% rise over the past 24 hours. This surge follows Ripple’s settlement with the U.S. Securities and Exchange Commission (SEC), concluding a legal battle that began in December 2020. The settlement includes a $50 million penalty paid by Ripple and the return of $75 million in previously escrowed funds. 
The resolution of the lawsuit has provided much-needed regulatory clarity for XRP, boosting investor confidence. Analysts suggest that XRP could target resistance levels at $2.72 and potentially reach $3.40 if the bullish momentum continues. 
Additionally, a notable transaction involving approximately $107 million worth of XRP was observed, indicating increased activity among large holders. 
With the legal uncertainties now addressed, XRP appears poised for further growth, supported by positive market sentiment and renewed investor interest.
