XRP rallied nearly 9% to $3.38, its highest price level since July 23, propelled by Ripple Labs’ landmark settlement with the U.S. Securities and Exchange Commission. The resolution concludes the long-running legal battle with a $125 million agreement, enabling Ripple to move forward without regulatory uncertainty.
The settlement triggered immediate bullish momentum across markets, with notable buying pressure emerging from South Korean trading platforms. Market participants are interpreting the outcome as a significant de-risking event for XRP, removing a major obstacle that previously hindered institutional adoption.
This regulatory clarity has intensified speculation about potential institutional products tied to XRP. Multiple analysts now suggest BlackRock may file for an XRP exchange-traded fund following the resolution. The asset management giant’s interest in cryptocurrency products remains high after its landmark Bitcoin ETF approvals earlier this year.
The resolution of SEC actions creates substantial optimism about XRP’s market trajectory. Industry observers note that removing regulatory overhang positions XRP for renewed institutional consideration in global payment solutions and structured financial products. Market watchers anticipate heightened trading volume and potential listings on major platforms.