
XRP weekly news
Major Legal Development: Ripple Withdraws Cross-Appeal
XRP weekly news: Ripple CEO Brad Garlinghouse announced that the company will drop its cross-appeal in the prolonged SEC lawsuit, with the SEC likely to follow suit.This move effectively ends the legal tussle over XRP’s status. A 2023 ruling deemed that retail XRP sales aren’t securities, though institutional offerings violated regulations and triggered a $125 million penalty.
A federal judge had earlier rejected a proposed settlement that would have reduced Ripple’s fine to $50 million and lifted the injunction. Holding firm, the court emphasized that parties can’t simply overturn a binding judgment without strong justification
📈 Market Reaction & Price Momentum
XRP rallied sharply, surging 4–6% in a single day on news of the lawsuit winding down. This rally outpaced the broader market, thanks to three key catalysts:
- Withdrawal of cross-appeals.
- Launch of XRP micro-futures on Robinhood, offering traders greater flexibility.
- On-chain signals, including over 1.1 million active addresses, showing heightened network engagement
Analysts note that whale activity has paused, with large holders accumulating rather than selling, setting the stage for a possible breakout toward $2.69–$3.40. Technical indicators like MACD crossovers, Chaikin money flow, and increasing open interest in futures also back a bullish scenario
🏛️ XRP weekly news: Institutional & Regulatory Signals
Institutional interest in XRP is on the rise. Notably, the European Central Bank has chosen the XRP Ledger for its Digital Euro pilot project, highlighting corporate use of the ledger’s low-latency settlement features . This marks a major vote of confidence from a central bank authority.
Meanwhile, an array of spot XRP ETF applications—possibly including BlackRock—are pending SEC approval. With the legal cloud removed, analysts believe the likelihood of approval has risen sharply, with some estimating probabilities above 90% .
🔮 Outlook: What’s Next for XRP?
Short-term potential: Given the positive legal and technical backdrop, XRP could retest highs near $2.60–$3.40, unless broader market conditions reverse unexpectedly. Should momentum fade or whales offload, a pullback to $2.00–$2.10 is plausible .
Mid-term trends: A successful ETF launch could usher in fresh capital, driving prices beyond $3. Many analysts foresee Q3 as a critical inflection point, with macro drivers like potential Fed rate cuts adding fuel .
Long-term possibilities: Some bold forecasts suggest XRP could get priced into triple digits by the early 2030s if it becomes central to tokenized assets, reserve-backed stablecoins, and CBDC infrastructure . However, this remains speculative and hinges on dramatic expansion in use and institutional adoption.
✅ XRP weekly news :Final Take
This week marks a pivotal moment for XRP. The legal chapter closing removes a major barrier, and market enthusiasm is building around both on-chain fundamentals and institutional narratives like ETFs and ECB pilots. While optimistic technical patterns support a rally, caution is warranted—prices near $3 or higher could trigger profit-taking or macro-induced volatility.