$XRP XRP witnessed a notable development yesterday, with its price surging over 8% within 24 hours. The rally was fueled by positive news regarding the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). Legal sources reported that the court showed signs of leaning in Ripple’s favor on certain disputed issues, which helped restore investor confidence.

There was also an unusual spike in trading volume, with XRP’s daily volume surpassing $1 billion, indicating growing interest from institutional investors. This came alongside Ripple’s announcement of expanded partnerships with financial institutions in Asia and Latin America, strengthening XRP’s position as a tool for cross-border payments.

On the technical side, analysts believe that XRP reclaiming the $0.60 level may pave the way for a new bullish wave—especially if the legal uncertainty clears. Market sentiment remains hopeful that XRP could return to the top five cryptocurrencies by market cap if the momentum continues.