Ripple Gains Momentum as SEC Lawsuit Dropped
The Essentials at a Glance
Ripple (XRP) may be approaching a turning point following the withdrawal of the U.S. Securities and Exchange Commission (SEC). Over 71% of futures traders on Binance are betting on rising prices. At the same time, the number of large XRP holders (so-called “whales”) has reached a record high. Despite these positive signals, the price remains stable for now. A breakout above the US$2.25 mark could trigger the next move.
SEC Withdraws – Ripple Gains Ground
After more than four years of legal battles, the U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against Ripple. The withdrawal took place as early as March 2025 through a silent retraction of the appeal. Ripple considers this a clear victory. Stuart Alderoty, Chief Legal Officer at Ripple, publicly criticized the SEC’s approach as unfair and unlawful. This decision has strengthened many investors’ confidence in the project.
Market Sentiment Strongly Bullish
Traders reacted quickly. According to market analyst Ali Martinez, 71.54% of futures traders on Binance have opened long positions on XRP. This means the majority expects prices to rise. The so-called long/short ratio – a measure of bullish versus bearish positions – currently stands at 2.51, indicating a clear bias in favour of the bulls.
On-Chain Data Reflects Strong Confidence
Blockchain data further supports this sentiment. According to analysis by Glassnode, there are now over 300,000 wallets each holding at least 10,000 XRP. This marks a new all-time high. Particularly notable: this accumulation occurred during a period of stable prices. This suggests long-term investors are positioning themselves ahead of a potential price move.
Price Remains Stable – Resistance at US$2.25 is Key
At the time of analysis, the XRP price stands at US$2.18. Volatility is low, and the market is in a consolidation phase. The Relative Strength Index (RSI) is at 50.94 – a neutral level. On-Balance Volume (OBV), an indicator for trading volume, shows no significant movement. This means that despite the positive sentiment, broad market participation is still lacking.
A sustained price increase is only likely if XRP clearly breaks through the resistance at US$2.25. This would require higher trading volume and stronger buying momentum. Until then, the market remains in a wait-and-see mode.
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Our Assessment
The SEC’s withdrawal is a significant milestone for Ripple. The reaction from traders and investors shows growing confidence in XRP. The strong positioning of institutional and retail investors could lead to a price increase in the medium term. In the short term, however, the market remains cautious. A breakout above US$2.25 would be an important signal for the next move. Those interested in XRP should closely monitor the price development and trading volume.
| Symbol | XRP |
| Coin type | Alt Coin |
| Transaction Speed | High |
| Pros |
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| Cons |
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| Further practical applications | |
| Price | $2.14 |
| 24h % | -1.74 % |
| 7d % | -7.45 % |
| 30d % | -0.39 % |
| 60d % | -17.89 % |
| 1y % | 304.97 % |
| Official Links | Website |
| Socials | X |
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