Ripple XRP Skyrockets as SEC Drops Legal Hammer—Then Unexpectedly Plays Nice

XRP bulls are back in charge as Ripple’s legal saga takes a wild turn—the SEC just filed a settlement proposal, sending the token soaring 20% in 24 hours. Forget ’regulation by enforcement,’ this is ’regulation by surprise.’

Market watchers are scrambling: Is this the start of a sustained rally or just another crypto pump-and-hype cycle? The SEC’s sudden willingness to deal smells suspiciously like bureaucrats finally realizing they’re losing the war against decentralized finance.

One thing’s certain: Wall Street’s old guard just got another reminder that when regulators blink first, crypto wins. As usual, the ’smart money’ will show up late—right after retail traders have done all the heavy lifting.

At the time of writing, XRP is trading around $2.28, up 7% in just 24 hours earlier. While the price has corrected a bit for now, since the announcement the rally was strong enough to break $2.3 today.

Analysts now eye resistance at the $2.5 level, with some suggesting a breakout to $3 is possible. And if settlement approval comes swiftly and macro conditions remain stable the price predictions wild enough to $7 and $20.

The final ruling is still pending, the market is clearly betting on a favorable outcome. Should the court approve the joint request, XRP could be primed for a massive rally.

XRP’s price jump is a clear signal of market optimism. Traders and long-time holders see the settlement as the final chapter of a regulatory saga that began in 2020 and cast a shadow over XRP’s performance for years.

Also Read: SEC Files Official Settlement Agreement in Ripple XRP Case