XRP Surge After Ripple’s SEC Victory

XRP has surged in value following Ripple’s victory in its long-standing battle with the SEC, triggering a powerful rally that has broken through key resistance levels. Ripple CEO Brad Garlinghouse confirmed the close of their lawsuit with the United States Securities and Exchange Commission (SEC).

Data from CoinMarketCap shows the cryptocurrency surged past the $2.50 resistance mark, hitting a daily high of $2.59. Investors are celebrating this price jump, coinciding with the conclusion of the SEC lawsuit filed back in 2020.

Ripple Claims Victory

After four years of legal battles and millions spent on fees, the SEC decided to drop its appeal against Ripple, officially closing the case. The lawsuit accused Ripple of an unregistered securities offering worth $1.3 billion, which has been a major point of contention in the crypto world. With this legal obstacle now removed, Ripple can focus on further expanding the utility and adoption of XRP.

> “This is it — the moment we’ve been waiting for,” Garlinghouse stated in a video on X, confirming the resolution of the case.

Related: Smart money sees market dip as prime opportunity to buy Bitcoin, XRP & Ondo

On-Chain Metrics Show Increased Market Activity

Blockchain analysis platform Santiment reported that XRP has moved independently of the broader altcoin market, surging by 14% and breaking the $2.50 resistance level for the first time in nearly two weeks. There’s been a notable increase in whale activity, with wallets holding at least 1 million XRP accumulating an additional 6.5% of the coin in the past two months.

📈 XRP has decoupled from the altcoin pack, surging another +14% and breaching the $2.50 resistance for the first time in 12 days. Wallets with at least 1M $XRP now hold 46.4B coins, as they have accumulated 6.5% more in just the past 2 months alone. Address activity has also…

— Santiment (@santimentfeed) March 19, 2025

Additionally, address activity on the XRP network has seen a massive spike in March, with nearly six times more unique wallets interacting compared to previous months. This surge in demand for XRP follows Ripple Labs’ landmark victory.

XRP Price Analysis: Eyeing the $3 Mark

At the time of writing, XRP is trading at $2.46, up 7.89% over the last 24 hours, with a trading volume of $10 billion—a staggering 215.46% increase in just one day. The XRP token has reclaimed the 20-day Exponential Moving Average (EMA) at $2.37, which could act as a crucial support level. If this holds, XRP may continue its upward momentum.

Looking ahead, the $2.75 upper Bollinger Band represents a significant resistance level. A successful breakout above this could pave the way for XRP to retest the $3 psychological barrier.

Related: Ripple CTO David Schwartz Explains Why Bitcoin Lost Its Transactional Edge

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