XRP Legal Battle Intensifies as SEC Opposes New Evidence; ETF Launch Defies Market Trends
The ongoing legal confrontation between Ripple and the U.S. Securities and Exchange Commission (SEC) has escalated with the regulator’s recent opposition to introducing decisive evidence from a non-party. Simultaneously, the unexpected debut of an XRP ETF has captured market attention, showcasing resilience despite prevailing bearish conditions. This dual development underscores the dynamic and unpredictable nature of XRP’s journey through regulatory challenges and market fluctuations.
Ripple Vs. SEC Lawsuit Update: Regulator Opposes Decisive Evidence Request
The Ripple vs. SEC lawsuit has taken another turn as the SEC filed an opposition to a request from a non-party to provide decisive evidence. The request was made by Justin W. Keener, but the SEC argued that it shouldn’t be granted due to the case currently being on appeal in the Second Circuit, rendering the District Court without jurisdiction to consider new evidence.
XRP ETF Debut Stuns Investors Despite Bear Market
Teucrium’s 2x Long Daily XRP ETF had an impressive debut on the New York Stock Exchange on April 8th, recording $5.43 million in turnover despite a bearish crypto market. The ETF, trading under the ticker XXRP, achieved this success amid a broader crypto market downturn, with Bitcoin [BTC] slipping to $78,000 and XRP reaching a five-month low of $1.61. On the day of launch, XRP’s price briefly rebounded to $1.87 before dipping back to $1.69. Despite this volatility, Teucrium proceeded with the launch of its ETF, aimed at enabling investors to gain exposure to XRP’s price movements.
50x by 2025: Top 10 Undervalued Cryptos - XRP & MAGACOIN FINANCE Lead
Investors are searching for undervalued cryptos with potential, and XRP and MAGACOIN FINANCE are leading the pack. XRP leverages its global payment network and has 300+ financial partnerships. It reached a SEC settlement on March 25, 2025, clearing a significant hurdle. Bitnation predicts a significant increase in XRP’s value, making a 50x increase to $87.50 by 2025 quite possible.
Ripple and SEC File Joint Motion to Settle Legal Battle Loose Ends
The SEC vs Ripple case, one of crypto’s most significant legal battles, has seen both parties file a joint motion to settle remaining issues. The settlement is awaiting Commission approval, and the market has priced in the likelihood of a resolution. The filing notes that any further procedural developments may take up to 60 days.
Top 10 Undervalued Cryptos That Could 50x by 2025 — XRP & MAGACOIN FINANCE Lead the Pack
The crypto market is heating up in 2025, with undervalued altcoins like XRP and MAGACOIN FINANCE poised for explosive growth. Analysts predict a 50x rise for XRP, currently trading at $2.12, with a target of $106 by year-end. Other lesser-known coins also show potential for massive upside. This list offers a mix of hidden gems and established names ready for institutional adoption.
XRP Derivatives Frenzy: Future Trading Volumes See Explosive Growth
After trading below the $2 mark for the past 3 days, XRP has recovered this level with a nearly 14% upswing in mere hours. This upward move is attributed to a sudden surge in the entire crypto market, coupled with notable bullish performance in its network activities and derivatives market. While XRP’s price struggles to regain upward momentum, its futures trading volume has seen substantial growth, which could generate enough momentum for a larger rebound in the NEAR term.
