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XRP Emerges Victorious: SEC Drops Case After Four-Year Legal Battle

XRP Emerges Victorious: SEC Drops Case After Four-Year Legal Battle

Author:
XRP News
Published:
2025-05-22 17:11:10
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

The cryptocurrency industry witnesses a landmark victory as the SEC concludes its lawsuit against Ripple, ending a four-year legal struggle. With XRP’s price now at 2.42270000 USDT, the resolution brings renewed optimism for investors and the broader crypto market.

Ripple Lawsuit Update: SEC Settlement Timeline Revealed

The prolonged legal battle between Ripple and the U.S. Securities and Exchange Commission has reached a decisive conclusion. After four years of litigation, the SEC has dropped its case against Ripple, marking a pivotal moment for the cryptocurrency industry.

XRP holders suffered estimated losses of $15 billion during the dispute, while Ripple incurred $150 million in legal fees. The company will pay $50 million of its $125 million fine immediately, with the remainder subject to court determination.

This settlement establishes XRP’s status as a non-security under current law—a landmark precedent with far-reaching implications for digital asset regulation. Market response was immediate, with XRP’s price jumping 10% following the announcement.

Analyst Predicts XRP Could Stabilize at $1,000 Amid Long-Term Bullish Sentiment

Despite recent price retracements, XRP continues to attract bold long-term projections from crypto analysts. The asset reached a multi-year high of $3.34 in January 2025, fueling Optimism about its potential for a parabolic rally.

Market commentator BarriC suggests XRP could first surge to $10-$20 before entering a new bear market cycle. More strikingly, another analyst forecasts the token will eventually stabilize at $1,000, positioning it among the most valuable digital assets globally.

XRP Traders Bet on Reversal as Demand Builds at Key Support

Amid a broader market downturn, XRP shows signs of a potential rebound. On-chain data reveals a concentration of liquidity at $2.48, a critical level where Leveraged positions may face liquidation. This price zone often acts as a magnet for market movements, suggesting heightened trader interest.

Liquidation heatmaps, used to identify high-stakes price levels, indicate bright spots at $2.48 for XRP. Such clusters typically draw price action as markets seek to trigger liquidations and establish new positions. The buildup at this level hints at accumulating demand, setting the stage for a possible rally.

Circle’s $5B Showdown: Will Coinbase Outbid Ripple After Rejected Offer?

Circle Internet Financial, the issuer of the USDC stablecoin, is reportedly in informal talks to sell itself to either Coinbase or Ripple. The discussions come just weeks after Circle filed publicly for its long-anticipated initial public offering (IPO) in early April.

With a shared history and revenue ties through the Centre Consortium, Coinbase emerges as a natural buyer. The exchange has both the funds and the synergy to integrate USDC seamlessly. Ripple’s $4–5 billion offer, likely involving cash and XRP, was declined as too low.

Circle is seeking at least $5 billion, the same valuation it is targeting for the IPO. The company’s flexibility to remain independent via an IPO adds another LAYER of intrigue to the potential sale.

XRP Poised for $7.45 Breakout as Technicals Align with DeFi Momentum

XRP charts signal a potential surge to $7.45 within weeks, with Fibonacci extensions and Elliott Wave analysis pointing to a decisive breakout from prolonged consolidation. The XRP/USDT pair’s rebound from critical support levels suggests accelerating momentum.

Transaction volume on the XRPL could spike to $1.19 trillion if the projected upward trajectory holds. Market watchers are tracking the May 3 CTF token burn event as a potential catalyst, with some models suggesting a $748.50 price target for the DeFi token.

Fake Ripple Accounts Promote XRP Airdrop Scam Using Deepfake Videos

Scammers are exploiting verified X accounts to circulate fraudulent XRP airdrop claims, bolstered by AI-generated videos featuring Ripple CEO Brad Garlinghouse. The tactic, recurring for weeks, capitalizes on XRP’s recent market activity to lure unsuspecting users.

Community reports have led to some account suspensions, but posts often remain active for hours. The scams follow a consistent pattern: impersonation of credible sources, fake giveaways, and urgency tactics. Social media platforms face mounting challenges as AI tools make fraud more convincing.

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