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Jakarta, Pintu News—Ripple XRP->Current XRP PriceRp 0Market Cap-Trading Volume-Circulating Supply- is back in the crypto world’s spotlight after successfully winning a major lawsuit against the United States Securities and Exchange Commission (SEC).
This victory immediately triggered a surge in the price of XRP, which has now begun to break important resistance levels and is approaching the psychological target of $3. Investors are greeting this euphoria with high optimism for the future of this altcoin.
Data from CoinMarketCap shows that XRP briefly touched a daily high of $2.59, up sharply from its previous resistance level of $2.50. This momentum marks a major resurgence for XRP, which has been pressured by years of legal uncertainty.
After a four-year legal process, the SEC has finally dropped its appeal against Ripple, marking the end of a $1.3 billion legal conflict. The suit originally accused Ripple of conducting an unlicensed securities offering, but with the appeal withdrawn, Ripple can refocus on developing its ecosystem.
Ripple’s CEO, Brad Garlinghouse, confirmed the win in a video on the X platform (Twitter). “This is the moment we’ve been waiting for,” he said. The crypto community enthusiastically welcomed this legal victory, as it provides legal clarity to XRP’s status as a digital asset.
With this case closed, Ripple now has a great opportunity to expand the adoption of XRP, both as a cross-border means of payment and as an investment asset in the cryptocurrency sector.
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Reports from the blockchain analytics platform Santiment show that XRP is experiencing a significant surge in network activity. In the past two months, whale wallets holding more than 1 million XRP have increased their holdings by 6.5%, signalling high confidence from large investors.
In addition, address activity on the XRP network also spiked dramatically in March, with the number of unique wallets interacting increasing by almost six times compared to the previous month. This data suggests a surge in demand for XRP following Ripple’s victory over the SEC.
This increase in activity reinforces the belief that XRP’s price surge is not just a short-term effect but could start a long-term bullish trend.
Read also: Trump Attends Digital Asset Summit 2025: Bitcoin, Regulation, and US Crypto Policy to be Discussed!
At the time of writing, XRP is trading at $2.46, up 7.89% in the last 24 hours. Trading volume reached $10 billion, 215.46%, in just one day. This surge in volume is a strong signal that market interest in XRP is very high.
Technically, XRP has returned above the 20-day exponential moving average (20 EMA) line at $2.37. If the price holds above this level, then it is likely that XRP will continue to rise towards the next resistance at $2.75, which is the upper limit of the Bollinger Band indicator.
If this resistance is successfully broken, XRP could test the psychological level of $3 in the near future. Meanwhile, the Relative Strength Index (RSI) indicator stands at 46.83, indicating that XRP is not yet in the overbought or oversold zone. This gives room for further upward movement.
Ripple’s victory over the SEC has been the main catalyst driving XRP’s price surge, sparking renewed interest from institutional and retail investors. With increased network activity and whale accumulation, XRP is now eyeing a psychological target of $3.
Although the market could experience short-term volatility, current technical and fundamental analysis suggests a bullish outlook for XRP. If this momentum continues, it is not impossible for XRP to mark a new record in the next few weeks.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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