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coinpedia 2025-03-20 07:56:12

XRP News: After SEC Victory, Is XRP Poised for a Historic Price Surge?

XRP News: After SEC Victory, Is XRP Poised for a Historic Price Surge?

The post XRP News: After SEC Victory, Is XRP Poised for a Historic Price Surge? appeared first on Coinpedia Fintech News XRP is back in action, breaking past $2.50 with a 14% surge as whales continue accumulating, now holding a massive 46.4 billion XRP. Network activity exploded in March, with six times more unique wallets engaging on the blockchain. The momentum comes after the SEC officially dropped its appeal against Ripple , marking a major legal victory. This is a push factor for investors who waited long for this day. Many believe XRP will be the next big thing in the crypto space with an IPO launch to XRP ETF in the pipeline. The market is waiting for the XRP breakout in the coming months. XRP Surges as Whales Keep Accumulating XRP has surged past $2.50, jumping 14% as investors celebrate a big legal win for Ripple. The SEC dropping its appeal has lifted a major cloud over XRP’s future, fueling optimism and renewed buying interest. Despite some ups and downs in price, big investors have been steadily accumulating more XRP. Over the past two months, even when XRP briefly dropped to $2.45, large holders kept buying. Data from Santiment shows wallets with at least one million XRP have increased their stash by 6.5%, bringing the total to 46.4 billion XRP, now worth around $114 billion. At the same time, network activity has exploded, with six times more unique wallets interacting on the blockchain in March compared to earlier months. This growing interest from whales and retail traders suggests strong confidence in XRP’s future. While price movements have been mixed, major investors seem to be betting on a bigger breakout ahead. Could XRP Be Part of a U.S. Crypto Reserve? Adding to the excitement, Ripple CEO Brad Garlinghouse recently hinted that XRP could play a role in a U.S. strategic digital asset stockpile. In an interview with Bloomberg, he referenced President Donald Trump’s executive order in early March, which proposed a national crypto reserve that could include XRP. With Trump’s bullish support the company is confident it will get back rolling soon once XRP ETF is approved. How High Can XRP Go? With the SEC case now concluded and the FOMC meeting getting a mixed reaction, analysts believe XRP third largest crypto asset could be poised for a major breakout. The token has already touched $2.57 in recent trading, and many are now speculating whether it can surpass $3—a level it hasn’t seen since the 2017 bull run. It goes without saying that this price boost is also directly correlated with the SEC officially dropping its appeal against Ripple today. Ripple CEO Brad Garlinghouse has already deemed this a 'resounding victory' for the entire crypto community. — Santiment (@santimentfeed) March 19, 2025 If Bitcoin and the broader crypto market continue to rally, XRP could ride that momentum even higher. With regulatory clarity improving, institutional investors may start paying more attention to the token. Ripple’s expanding partnerships with banks and payment providers also add to its growth potential, making XRP one of the most closely watched cryptocurrencies right now.

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