XRP Price Stalls – Will Buyers Attempt Breakout as Ripple Attracts $1B?
Bullish mood has returned to the cryptocurrency market as a result of XRP's dramatic recovery, which has been driven by new U.S. policy...
Quick overview
- XRP experienced a significant price surge of over 10%, reaching $3.39, driven by legal clarity and new U.S. policy changes.
- The resolution of Ripple's SEC lawsuit and President Trump's executive order allowing crypto in 401(k) plans have boosted market sentiment.
- Institutional interest in XRP is growing, highlighted by Vivopower International raising $121 million to create an XRP reserve.
- Analysts are optimistic about XRP's potential to reach $5 or even $10 in the coming months as regulatory uncertainties diminish.
Live XRP/USD Chart
Bullish mood has returned to the cryptocurrency market as a result of XRP’s dramatic recovery, which has been driven by new U.S. policy reforms and legal clarity.
XRP Price Surge Sparks Renewed Optimism
After a two-week lull, XRP roared back late Thursday, soaring over 10% in a single session to $3.39. The move was powered by a wave of enthusiasm across the cryptocurrency market, sparked by both legislative action and a major legal breakthrough. While prices have since eased slightly over the following three days, the retracement has been shallow compared to the bullish upswing — a sign that buyers may soon mount another push higher.
From Technical Recovery to Market Momentum
Ripple’s rally began after bouncing from its 50-day simple moving average (SMA) at $2.73 in early August. This recovery unfolded alongside broader crypto market strength, led by Bitcoin’s jump toward $120,000. Momentum was further fueled by two key catalysts: the resolution of Ripple’s long-standing SEC lawsuit and a cryptocurrency-friendly executive order from President Donald Trump.
Trump Opens 401(k) Access to Crypto Assets
On Thursday, President Trump signed an executive order allowing nontraditional assets — including bitcoin, real estate, and private equity — in U.S. 401(k) retirement plans. A White House insider framed the decision as an effort to broaden diversification options for retirement savers.
The move drew mixed reactions: critics warned of heightened volatility and risk in retirement portfolios, while supporters hailed it as a breakthrough for digital assets, particularly stablecoins like RLUSD.
Ripple-SEC Case Officially Resolved
In a parallel development, the SEC and Ripple Labs agreed to drop all pending appeals in their high-profile lawsuit. This effectively closes a years-long legal battle, leaving in place Judge Analisa Torres’ 2023 mixed ruling — XRP sales to institutional investors violated securities laws, but sales on public exchanges did not.
This legal clarity removes a significant overhang on XRP’s price, though hopes for a BlackRock-backed XRP ETF were dashed as the asset manager confirmed it has no such plans.
Institutional Confidence Builds
Despite that, institutional interest is still rising. Nasdaq-listed Vivopower International recently raised $121 million to establish an XRP reserve, marking the first publicly traded company dedicated solely to XRP exposure. Nearly $1 billion in total inflows have entered the token following Ripple’s legal win, underlining renewed confidence in its role for fast payments and yield generation.
Looking Ahead: Can XRP Break $5 in August?
With regulatory uncertainty lifted and new investor access via retirement accounts on the horizon, bullish projections are gaining ground. Some analysts even see $10 as possible in the coming months if broader crypto adoption accelerates under Trump’s policy shift. For now, the $3.33 level may just be a stepping stone in XRP’s renewed climb.
Ripple Live Chart
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