XRP News Today Could Ripple’s Legal Breakthrough Launch XRP to $10?

April 17, 2025

Posted By : SolidTrader

XRP News Today


Follow Solid Trader

XRP price hovers around $2.08 as Ripple nears a potential SEC settlement. Could this legal breakthrough and ETF buzz push XRP to $10? Explore the latest XRP news and price predictions. XRP is once again in the spotlight as investors weigh its future amid renewed optimism surrounding Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC). With the token currently trading at $2.08—a modest 0.11% gain in the past 24 hours—the question on everyone’s mind is: can XRP hit $10?

Ripple vs. SEC: Settlement in Sight?

A major development came on April 10, when Ripple and the SEC jointly filed a legal notice indicating their intent to pause appeals and seek a settlement. This marks the most promising turn in the years-long courtroom drama.

Adding fuel to the optimism is the appointment of Paul Atkins as the new SEC Chair—a figure known for his crypto-friendly stance. Many in the community believe his leadership could shift the SEC’s tone toward constructive dialogue rather than prolonged litigation. Crypto analyst John Squire highlighted unusual wallet activity and surging trading volume around this news, hinting that institutional players may be preparing for a positive outcome. A full settlement would provide long-awaited regulatory clarity for XRP and potentially open the door for an XRP ETF—something already on the radar of firms like Bitwise, Grayscale, and ProShares.

Whale Dumping & Macro Market Pressures

Despite bullish legal news, XRP’s price action has been weighed down by significant whale sell-offs. According to analyst Ali Martinez, wallets holding between 100M and 1B XRP offloaded 370 million tokens between April 1 and April 14.

That’s no small amount—and the bulk of the dump occurred between April 4–9, right before the legal filing. However, smaller investors appear to be scooping up the tokens, as evidenced by XRP’s bounce from $1.73 to $2.14 during that same timeframe.

Global macro tensions aren’t helping either. U.S.-China tech disputes, particularly those affecting companies like Nvidia, have dented market confidence in risk assets, including crypto.

Technical Picture: Short-Term Range, Long-Term Potential

Right now, XRP is consolidating just above $2.08, with immediate resistance at $2.09 and $2.13. A breakout above $2.15 could reignite short-term momentum. On the flip side, support rests at $2.04—a level that, if broken, could send it back to the $2.00 zone.

So what would it take for XRP to hit $10? That’s a nearly 400% jump from its current price. While ambitious, it’s not out of reach. Key factors include:

  • ✅ A full, favorable settlement with the SEC

  • ✅ Approval of an institutional-grade XRP ETF

  • ✅ A sustained crypto bull run

  • ✅ Broader adoption by banks and fintech platforms

If XRP gains just 15–20% per month, a $10 price tag is possible within 12 to 18 months. Without major catalysts, the climb could stretch into late 2026.

XRP News Today
XRP News Today

Final Thoughts

XRP is at a crucial crossroads. Short-term pressure from whale sell-offs and global uncertainties is undeniable—but the legal clarity Ripple is pursuing could be the game changer. With ETF buzz, institutional interest, and bullish sentiment stirring, $10 is no longer a pipe dream—it’s a possibility.

FAQ

Q1: Why is XRP price not rising despite positive Ripple-SEC news?
A: Although the Ripple-SEC settlement talks are a positive development, XRP is facing short-term selling pressure from whale sell-offs and broader market uncertainty due to global trade tensions.

Q2: What happens if Ripple settles with the SEC?
A: A settlement would likely provide legal clarity for XRP, potentially reclassifying it as a non-security. This could lead to relistings on U.S. exchanges and spark institutional interest.

Q3: Can XRP reach $10 in 2025?
A: It’s possible if key catalysts align—such as a successful SEC settlement, an approved XRP ETF, and a strong crypto bull market. Without those, it may take longer.

Q4: What is causing whale wallets to sell XRP?
A: Large holders may be taking profits ahead of legal outcomes or reallocating to other assets. Despite this, smaller investors appear to be buying the dip.

Q5: Will there be an XRP ETF?
A: There’s growing speculation, especially with firms like Grayscale and Bitwise showing interest. A settlement with the SEC could increase the chances of an XRP ETF being approved.

#XRPNews #RippleSEC #CryptoLegalUpdate #XRPPricePrediction #CryptoTradingNews


Leave a Reply