XRP surged 11.4% in the past 24 hours to $3.33, adding more than $20 billion to its market capitalization overnight and outperforming the broader crypto market’s 2.69% gain. The rally pushed XRP’s valuation to $198 billion as trading volume spiked 189% to $11.8 billion, according to CoinMarketCap data. XRP market cap sees $20 billion increase. Source: CoinMarketCap The move followed a landmark legal development: on August 8, Ripple and the U.S. Securities and Exchange Commission (SEC) jointly dismissed all remaining appeals, making Judge Analisa Torres’ 2023 ruling final. Under that decision, XRP sales on public exchanges are not securities, though institutional sales remain subject to compliance. The ruling removes years of regulatory uncertainty, giving XRP the rare distinction of being the first altcoin with U.S. court-backed legal clarity. The news has already triggered a surge in exchange activity. #XRPCommunity #SECGov v. #Ripple #XRP BREAKING: The parties have filed a Joint Dismissal of the Appeals. The case is over. pic.twitter.com/QMATRLnxnS — James K. Filan 🇺🇸🇮🇪 (@FilanLaw) August 7, 2025 Binance’s XRP volume jumped 172% post-announcement, and clears the way for banks, payment providers, and exchanges to relist XRP without legal overhang. Ripple also avoided a worst-case scenario $2 billion penalty, instead agreeing to a reduced $125 million fine. BlackRock XRP ETF rumors Market sentiment was further fueled by renewed speculation around a potential BlackRock XRP ETF, with rumors gaining traction now that the lawsuit has concluded. On the technical front, XRP broke through the $3.33 Fibonacci resistance with RSI (14) at a neutral 61.53, suggesting further room for upside. However, whale activity may temper gains in the short term. On-chain data shows 190 million XRP transferred to exchanges, indicating possible sell pressure near the psychological $3.50 level. Traders are now watching for institutional adoption metrics via RippleNet partnerships and the rollout of Ripple’s RLUSD stablecoin integration as potential next catalysts. The post XRP sees $20B inflow as Ripple v. SEC case officially ends appeared first on Finbold .
