XRP is back in the spotlight as the token climbed to $2.13 in the latest session, up more than 5% in 24 hours, with trading volume exceeding $3.6 billion.
Ripple CEO Brad Garlinghouse confirmed it’s the best-performing major crypto over the past 90 days—and momentum appears far from over.
At the heart of the rally? A mix of legal clarity, whale accumulation, and strategic expansion that’s fueling investor confidence.
Ripple-SEC Settlement Nears Final Phase
After years of courtroom drama, Ripple and the SEC are close to putting their legal battle to rest. The company has agreed to pay a reduced $50 million fine—down from the $125 million originally reserved in escrow.
In a recent Fox Business interview, Garlinghouse didn’t hold back, calling the case “a Gensler-era misstep.” He credited the resolution to changes in SEC leadership and the current White House administration, noting that “common sense is finally prevailing.”
The settlement also paves the way for Ripple’s next phase: big-time institutional growth. The company just acquired prime broker Hidden Road in a $1.25 billion deal, a move aimed squarely at onboarding institutions like BlackRock into the crypto space.
Political Support and Strategic Moves Boost Ripple’s Position
Ripple isn’t just expanding its footprint—it’s doing so with political tailwinds. Reports suggest Ripple has contributed millions in XRP and campaign donations to Donald Trump, aligning the company with a more crypto-friendly administration.
Garlinghouse hinted at more to come, saying Ripple’s launch of a new stablecoin—under a New York trust license—would’ve been impossible a year ago.
He’s also bullish on broader regulatory reform and even raised his year-end Bitcoin forecast to $200,000, citing improving U.S. policy momentum.
Whales Fuel XRP Rally, But Risks Remain
Behind the scenes, whale moves are also driving action. Ripple transferred 200 million XRP (over $400 million) to an unknown wallet, shortly before XRP rallied from $1.94 to $2.13.
Glassnode data shows retail interest is still strong, with XRP’s realized cap jumping from $30.1 billion to $64.2 billion in February. But with 62.8% of that held by recent buyers, there’s now a greater risk of short-term volatility. Momentum is high—but so is sensitivity to price shocks.
Legal Breakthrough: Joint Request Filed for Final Settlement
Ripple and the SEC have officially filed a joint motion to pause their appeals while working out final settlement terms. Both sides have agreed in principle, awaiting formal approval.
If confirmed, this would mark the end of one of crypto’s most significant legal battles—and finally give XRP the regulatory clarity it’s been chasing for years.
XRP Faces Rejection at Key Trendline—Here’s What to Watch
From a chart perspective, XRP is knocking on the door of major resistance at $2.17—an area that aligns with a descending trendline and psychological resistance. The 50-period EMA near $2.02 continues to act as key support.
RSI: 62 – momentum remains bullish, but nearing overbought territory.
Support: $2.02, $2.00, $1.86
Resistance: $2.17, $2.30
Trading Setup to Watch:
Bullish Bias: A breakout above $2.17 with volume could spark a move toward $2.30 and beyond.
Bearish Bias: Failure to break $2.17 and a close below $2.02 could signal a pullback to $2.00 or $1.86.
Pro Tip: Use tight stops—above $2.20 for short trades, below $2.00 for long trades. XRP remains range-bound, and a breakout could shift sentiment quickly.
Bottom Line
XRP’s rally is being powered by more than just hype—legal clarity, whale activity, institutional growth, and political support are creating real momentum.
While short-term resistance at $2.17 remains a hurdle, the broader setup is one of cautious optimism.
If bulls break through, $2.30 could come quickly—and longer-term, analysts haven’t ruled out a surge toward $27.
Best Wallet ($BEST): Presale Surges Past $11.6M as Launch Nears
Best Wallet ($BEST) is quickly emerging as one of the most promising crypto apps of 2025—offering users a secure, streamlined platform to manage digital assets with ease. With support for over 1,000 tokens and integrated Fireblocks MPC-CMP security, it’s designed for both beginners and seasoned traders alike.
Now available on Google Play and the App Store, Best Wallet combines functionality with innovation. Its standout “Upcoming Tokens” feature gives users exclusive early access to presale opportunities—allowing them to invest in high-upside projects before they go public.
The ongoing $BEST token presale is gaining momentum, with over $11.65 million raised so far. Each token is currently priced at $0.0247, and the countdown is on before the next price increase.
The presale has already seen 193 million $BEST tokens staked, a sign of strong community trust and long-term commitment.
Stakers can currently earn up to 137% APY, adding an attractive yield incentive to early participation.
Key Highlights:
Presale raised: $11.65 million+
Current token price: $0.0247
Tokens staked: Over 193 million
Staking rewards: ~137% APY
Supported chains: 1,000+ tokens secured via Fireblocks MPC-CMP
App availability: Google Play & App Store
Follow Best Wallet on X and Telegram for the latest updates.
The post XRP Price Eyes $2.20 Breakout Amid Settlement Buzz and Whale Activity – Is $27 Next? appeared first on Cryptonews.
