On May 9, 2025, the XRP cryptocurrency witnessed a notable price increase, trading at around $2.35, marking an 8.5% rise over the past twenty-four hours. This increase comes after Ripple's settlement with the U.S. Securities and Exchange Commission (SEC), which ended a legal battle that began in December 2020. The settlement includes a $50 million fine paid by Ripple and the return of $75 million in previously deposited funds.

The resolution of the lawsuit provided necessary regulatory clarity for XRP, boosting investor confidence. Analysts indicate that XRP may target resistance levels at $2.72, potentially reaching $3.40 if the upward momentum continues.

Additionally, a significant transaction involving approximately $107 million of XRP was observed, indicating increased activity among major holders of the currency. After addressing legal uncertainties, XRP appears poised for further growth, supported by market optimism and renewed investor interest.