XRP Climbs 4% as Ripple-SEC Case Ends, Institutional Activity Surges
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have officially dropped their appeals, bringing a years-long legal battle over XRP to a close. The resolution triggered a strong market reaction, with XRP gaining 4% and daily trading volumes soaring 208% to $12.4 billion.
Price Action Overview
XRP advanced from $3.15 to $3.25 over the 24-hour period ending August 13, with a trading range of $0.20 — representing 6% intraday volatility. Momentum peaked between 12:00 and 20:00 UTC, when the token surged to test $3.30 on volume exceeding 140 million units.
Despite late-session profit-taking, which trimmed prices back to $3.25, the bullish trend remained intact. Price support held steady at $3.25–$3.26, while $3.30 emerged as the near-term resistance level after multiple rejections.
Key intraday metrics:
- High: $3.30
- Low: $3.10
- Resistance: $3.30
- Support: $3.25–$3.26
- Largest volume window: 12:00–20:00 UTC
- Notable spike: 5.9M tokens traded between 00:32–00:33
Legal Clarity Sparks Institutional Inflows
The legal resolution is seen as a watershed moment for XRP, eliminating regulatory uncertainty that has long weighed on the asset. In the wake of the settlement, institutional desks ramped up exposure, evident in the 208% surge in daily volume.
Additional catalysts included:
- SEC approval of Ripple’s revised Regulation D exemption, easing restrictions on private capital raises.
- Corporate integration, with Blue Origin adopting XRP for select payment functions, signaling growing enterprise use.
Outlook and Market Focus
With legal uncertainty resolved and institutional interest rising, analysts are watching for:
- A clean breakout above the $3.30 resistance level, potentially targeting $3.35–$3.50.
- Sustained inflows from large holders and institutional platforms.
- Further adoption headlines that could reinforce XRP’s long-term positioning.
- Potential volatility from macroeconomic catalysts, including Fed rate shifts and BTC price action.
XRP remains one of the top-performing large-cap tokens following the resolution and appears well-positioned to capture renewed capital inflows amid a broader altcoin rotation.
