XRP News: Ripple’s XRP Surges to $2.30 on Legal Optimism, Analysts Predict Further Upside

Ripple (XRP) Surges Past $2.30 Amid Legal Optimism

Ripple’s native cryptocurrency, XRP, has enjoyed a significant surge in price, climbing to $2.30 amid a wave of legal Optimism in its ongoing battle with the U.S. Securities and Exchange Commission (SEC). Market analysts suggest the cryptocurrency may continue its upward momentum, with speculation of an imminent resolution propelling investor confidence. Recent reports indicate that the SEC is exploring the possibility of classifying XRP as a commodity, akin to Bitcoin (BTC) and Ethereum (ETH). Such a move could open the door to broader institutional adoption and significantly reduce the regulatory uncertainty that has clouded Ripple’s trajectory for years. While challenges remain, such as the ongoing requirement to overcome resistance around the $2.99 level, most indicators point to continued growth.

Former London Fund Manager Explains XRP’s Lackluster Performance

The price of Ripple-linked cryptocurrency XRP has continued to puzzle many crypto spectators, with many wondering why it hasn’t seen a significant surge despite its increasing adoption by institutions. The coin is still 30.9% below its all-time high of $3.40. A former London fund manager, DigitalG, attributed XRP’s dull price performance to Ripple’s dual-ledger system, which includes a public XRP Ledger (XRPL) and a private version used by banks.

XRP Price Struggles After Trump’s Crypto Reserve Plan Faces Criticism

President Donald Trump’s decision to establish a crypto reserve has faced criticism due to the White House’s implementation falling short of expectations. Among the tokens mentioned for inclusion, XRP has struggled the most to gain momentum, disappointing investors. Industry watchers are now seeking better investment alternatives, with FloppyPepe (FPPE) emerging as a top choice.

Ripple’s New Trademark Filing Sparks Speculation on Upcoming Crypto Wallet

Ripple Labs, the blockchain company behind the XRP token, has officially filed for a new trademark for the word mark ‘Ripple Custody.’ The filing, submitted on February 25, 2025, with the United States Patent and Trademark Office (USPTO), includes a broad range of services. Ripple seeks to offer downloadable software for the custody, transmission, and storage of various currencies, including cryptocurrency, fiat currency, virtual currency, and digital currency. The trademark also covers financial services related to the safekeeping of these assets for financial management purposes.