Rumors of XRP’s demand trigger a 10% price increase as the buzzing of the settlement intensifies
XRP is back at the Center for Care, since the Zumba cryptographic community with an unconfirmed talk that Ripple’s old legal battle with the stock and values commission (SEC) could be concluded. Speculation, driven by discussions on the social media platform X, has increased the price of XRP by 10% to a recent maximum of $ 2.97, its highest level in four months.
Despite the emotion, legal experts warn that a short -term resolution remains unlikely, underlining the delicate balance between community optimism and procedural realities of the United States legal system.
Market sparks social media bases
This weekend, rumors quickly extended in X that Judge Analisa Torres could deliver a ruling or approve an agreement between Ripple and the SEC before July 14. These positions, circulating widely within the XRP community, quickly captured attention, lighting the hope that the demand, which has shaded Ripple since December 2020, could finally be coming to an end.
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The speculation followed the reports of the closed door meetings of the SEC, which some interpreted as a pending action indicator in the wave case. However, these cases remain without foundation, and the SEC or Ripple have issued any official statement.
Legal experts go back in imminent liquidation claims
In response to rumors, Mark Fagel, a former regional director of the SEC and legal commentator, warned the community that they would not expect immediate developments. “It is not likely that an agreement occurs this weekend, and it is too early to make expectations,” Fagel said in X, and added that “Judge Torres currently does not have jurisdiction on the demand of XRP, and there is no pending motion before her.”
Fagel also clarified that the decision to bring the Ripple case was taken independently of the president of the SEC, Gary Gensler, counteracted the generalized perception within the cryptographic community that Gensler has been promoting the direction of demand.
“The SEC has not yet presented to dismiss the appeal, and the case is now in the court of the SEC, which requires an internal vote and formal measures to withdraw the case,” Fagel added. “This step -by -step process makes a quick weekend agreement very unlikely.”
Despite uncertainty, XRP’s price increases feeling
Legal uncertainty did not prevent the price of XRP from recovering over the weekend. XRP increased by 7% by 24 hours to $ 2.78, with its market capitalization rising to $ 165 billion. At its peak, XRP played $ 2.97, marking its highest price level since the beginning of March 2025.
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The data firm of Blockchain Santiment analysis shows that the number of large XRP wallets that contain significant amounts of the Token have reached a historical maximum, which indicates a growing interest among the whales even in the midst of the current legal battle. In addition, XRP’s social domain has shot, reflecting a greater talk in the main social channels, often a precursor for a greater retail participation.
“Market optimism is driven by Ripple’s potential to ensure a favorable result, which could not only clarify legal clouds, but also to establish XRP as a digital asset fully compatible with US law,” said Anna Zhao, a cryptographic block of blockwave Research. “Merchants are positioning for what they think could be a moment of rupture for XRP.”
Network growth and technical indicators point to force
Beyond demand speculation, XRP has benefited from a notable activity in the chain. The Ripple Network has seen a strong increase in the number of new wallets and transactions, which reflects the growing adoption of payment corridors in Latin America, the Middle East and Southeast Asia.
From a technical perspective, the recent XRP price movement has been broken above the key resistance levels, including its 200 -day mobile average, indicating the potential of greater rising impulse if the upward feeling continues. Analysts indicate the psychological level of $ 3.00 as the following objective, with a potential of a rally to $ 3.50 if a favorable legal result is materialized.
The way ahead: legal milestones to look
While the emotion of the market is high, the path to a resolution remains uncertain. The next steps of the SEC imply an internal vote on whether to proceed with the appeal, withdraw the case or follow an agreement with Ripple.
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Meanwhile, the cryptographic community is also closely monitoring broader regulatory developments in the US, including the potential approval of the 2025 Bitcoin Law and the results of the 2025 crypto week, which will address Stablecoin regulations, the Sec-CFTC responsibilities and the wider treatment of digital assets under the law of the United States.
If the SEC finally leaves its case against Ripple, it could provide legal clarity that extends through the cryptographic industry, establishing a precedent on how digital assets are treated according to existing value laws. Such a result could open the door for greater institutionally and potentially feed the next phase of the Crypto de Toros career.
XRP demand: A catalyst for the cryptography market?
As Bitcoin continues to float near its historical maximums and Ethereum sees a growing institutional interest, XRP demand resolution could act as a catalyst for the wider cryptographic market. With the Altcoin season gaining land, a favorable decision for Ripple can attract retail and institutional investors, eager to diversify in regulatory clarity.
“If Ripple says a victory, XRP could see renewed lists in the main US exchanges. “This would probably push XRP above the $ 3 brand, with the potential to test $ 4 in the following months depending on the general market conditions.”
Investor control
For cryptographic investors, the current environment underlines the importance of monitoring market feeling and legal developments. While XRP’s price rally demonstrates the power of community optimism, the final result of demand will depend on the procedure steps that cannot be rushed.
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Investors should consider the potential volatility that any important legal announcement can accompany, while recognizing the long -term importance of a favorable result for Ripple. The resolution of the case could redefine regulatory approaches to digital assets in the United States, providing a framework for future projects that browse similar challenges.
Conclusion
The recent increase in XRP prices to $ 2.97 highlights the strong market appetite for a resolution in the legal battle of Ripple with the SEC. Although the rumors of a weekend agreement have been attenuated by legal experts, the activity of growing whales, the strong foundations in the chain and the upward technical signals suggest that XRP remains a key asset to see in the coming weeks.
XRP demand is more than the legal fight of a company; It is a crucial moment that could shape the relationship of the cryptographic industry with regulators in the coming years. Investors would do well to monitor the developments closely, since the final chapters of this saga could dictate whether the current XRP rally is the beginning of a sustained upward trend or a temporary peak driven by feeling.
Writer
@Ellena
Ellena is an experienced cryptographic writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides information about the latest trends and innovations in the currency space.
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