Ripple Lawsuit Pending Verdict Fueling XRP Price?

Ashish Kumar
March 29, 2023 Updated May 16, 2025
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Is the Ripple (XRP) Lawsuit Over

XRP Lawsuit News: The global digital asset market is riding on an upward trend amid the ongoing banking crisis. XRP, Ripple’s native token has turned out to be the biggest winner among the largest digital assets in the market. However, the recent XRP price rally is backed by several different factors, and the pending Summary Judgment in the Ripple Vs SEC lawsuit is just one of them.

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XRP Close In To Get Full Clarity

XRP price has managed to surge by 47% over the past 30 days, which is recorded as the highest gain by any top 50 cryptos. Analyst suggests that Ripple’s native token has been highly undervalued and suppressed for years just because the U.S. SEC launched a lawsuit against Ripple and its executives.

XRP Ledger (XRPL) witnessed a surge of projects being developed on it which resulted in a boost for the XRP use case. This includes upcoming developments such as smart contracts, sidechains, and more.

However, as the XRP lawsuit closes in for much awaited Summary Judgment, Ripple’s token is generating some heavy gains. XRP price is up by 69% on the year to date (YTD) basis, which completely projects a good picture coming up for the community. Read More XRP Lawsuit News Here…

Also Read: XRP Lawsuit Summary Judgment May Land This Week, Suggests Case Insider

The end of the Ripple Vs US SEC lawsuit will eventually bring much needed clarity around the crypto regulation for the market. Meanwhile, a potential win will renounce XRP as the only crypto getting full clarity.

XRP upward run is the outcome of combined events that have managed to build a positive cycle for the token. March has proven to be an impressive recovery month for XRP as its price has surged by over 44% over the past 2 weeks. While XRP jumped by a whopping 19% in the last 24 hours.

Also Read: XRP Price Spikes By 19%, Breaches $0.56 level; What’s Happening?

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.