XRP Surges 4.52% as Ripple-SEC Case Resolution Sparks Renewed Investor Confidence and High Trading Volume
XRP experienced a 4.52% price increase over the last 24 hours, rising from a 24h open of $2.0883 to a current price of $2.1827 on Binance. This positive movement is primarily attributed to the resolution of Ripple’s long-standing legal battle with the SEC, as Ripple dropped its cross-appeal and the court maintained existing legal restrictions, reducing regulatory uncertainty. Despite some short-term volatility and whale-driven selling pressure earlier in the period, strong on-chain accumulation by large holders and the conclusion of legal proceedings have contributed to renewed investor confidence. As of June 28, 2025, XRP maintains active trading with a 24-hour volume of approximately $3.15 billion and a market capitalization between $123.9 and $126.39 billion, with price stability observed in the $2.09–$2.20 range and sentiment remaining cautiously optimistic.