XRP Price Surge: Institutional Investors Cash In Following SEC Legal Win

XRP rockets as Wall Street jumps in—then jumps out.

After a landmark court victory against the SEC, Ripple's XRP saw a classic pump-and-dump play by institutional traders. The 'smart money' bought the rumor, sold the news, and left retail holding the bag—just like clockwork.

Price action turned volatile as whales took profits, proving once again that in crypto, the house always wins. Meanwhile, true believers HODL through the turbulence, betting this legal clarity fuels long-term adoption.

Another day, another lesson in 'buy the lawsuit, sell the settlement.' Some things never change in digital asset markets.

TLDR

• XRP fell 2% from $3.19 to $3.14 after hitting an intraday high of $3.32 following Ripple’s SEC settlement
• Trading volumes surged 208% to $12.4 billion as institutional investors gained regulatory clarity
• Heavy profit-taking occurred at 7 PM with 73.87 million tokens sold in coordinated institutional selling
• Price found strong support at $3.13 with resistance forming at $3.27, creating a defined trading range
• The legal settlement removes compliance concerns but macroeconomic factors continue to influence price movement

XRP price dropped 2% to $3.14 after initially spiking to $3.32 following news of Ripple’s settlement with the Securities and Exchange Commission. The pullback occurred despite trading volumes exploding 208% to $12.4 billion.

The token opened at $3.19 and briefly touched $3.32 at 8 AM before retreating. This pattern reflects the classic crypto market behavior of buying rumors and selling news.

Heavy selling pressure emerged at 7 PM when 73.87 million tokens changed hands. The coordinated selling drove the price from $3.20 down to $3.15 in a single hour.

Despite the selloff, XRP found solid support at the $3.13 level. Multiple tests of this price point brought in buyers each time.

Late-session trading showed signs of institutional accumulation. Volume spikes of 3.21 million and 4.45 million tokens occurred as the price bounced from $3.13 back to $3.14.

Regulatory Victory Provides Clarity

Ripple Labs and the SEC formally ended their nearly five-year legal dispute by jointly dismissing all appeals. This settlement removes the regulatory uncertainty that has surrounded XRP since 2020.

The legal clarity allows institutional investors to participate without compliance concerns. This explains the massive 208% surge in daily trading volumes to $12.4 billion.

Open interest has also climbed as more sophisticated traders enter the market. The settlement unlocks greater institutional participation that was previously restricted.

For five years, the SEC case created a compliance overhang that limited XRP’s adoption. Financial institutions avoided the token due to regulatory uncertainty.

The resolution provides the regulatory clarity that institutional investors have been waiting for. Banks and other financial services companies can now consider XRP integration without legal risk.

Market Forces Still Apply

Despite the legal victory, XRP remains subject to broader market forces. Trade disputes and monetary policy shifts continue to influence crypto prices across the board.

The current price action appears normal for cryptocurrency markets. Initial news-driven spikes often face profit-taking from early buyers.

The 7 PM selloff showed characteristics of institutional rather than retail selling. The coordinated nature suggests large holders took profits after the settlement news.

Current trading establishes a range between $3.13 support and $3.27 resistance. A break above $3.27 could signal the next upward move.

The $3.13 support level needs to hold against any fresh selling pressure. Multiple successful tests at this level indicate strong buyer interest.

Macroeconomic uncertainty continues to create headwinds for all cryptocurrencies. Global risk sentiment affects crypto markets regardless of individual project developments.

XRP trading volumes remain elevated at $12.4 billion, showing sustained institutional interest following the settlement announcement.