Ripple CEO Confirms SEC’s Withdrawal – XRP Jumps 11%!

20 March 2025

By: Damilola Ojoye

Ripple vs SEC Nears Endgame—XRP Could See 12% Rebound on Sales Restart

Ripple just secured a major legal breakthrough, sending XRP’s price soaring. CEO Brad Garlinghouse announced that the U.S. Securities and Exchange Commission (SEC) will drop its appeal in the Ripple vs. SEC lawsuit. This pivotal moment triggered an 11% price surge, positioning XRP ahead of Bitcoin’s sluggish market trend.

Ripple vs. SEC: A Defining Moment for XRP

Brad Garlinghouse made a groundbreaking announcement on X (formerly Twitter), confirming the SEC’s decision to withdraw its appeal. He called it a huge win for Ripple, the crypto industry, and financial innovation. His post, which reached over 9.6 million viewers, ignited a wave of bullish sentiment. Investors quickly reacted, pushing XRP from $2.30 to a peak of $2.5655 before stabilizing at $2.44, reflecting a 6.74% increase in 24 hours.

Source| X

Legal expert Bill Morgan analyzed the situation, highlighting XRP’s impressive bullish momentum. He pointed out how Ripple’s success contrasts with Bitcoin’s underwhelming response to major market developments. Even after former U.S. President Donald Trump announced the establishment of a Strategic Bitcoin Reserve, Bitcoin remained stagnant at $85,850, posting only a 3.15% daily gain.

Why Is XRP Outperforming Bitcoin?

Bill Morgan emphasized that XRP’s legal clarity has restored investor confidence. While Bitcoin faces continued regulatory uncertainty, Ripple now enjoys a green light, making XRP a strong contender in the altcoin market. Institutional investors see XRP as a more secure and predictable asset, leading to increased demand.

Ripple’s expanding ecosystem further strengthens its position. Unlike Bitcoin, which faces institutional selling pressure, XRP continues attracting long-term holders who believe in its future utility. The combination of legal victory, ecosystem growth, and investor confidence sets XRP apart from Bitcoin’s slower market movement.

XRP Price Forecast: Analysts Predict Explosive Growth

Several analysts predict a massive rally for XRP in the coming months. Gert van Lagen expects XRP to follow a parabolic rise, potentially reaching $38. ALLINCRYPTO has set a $19 target for 2025, fueled by increasing adoption and bullish sentiment. Meanwhile, market analyst Egrag Crypto identified XRP as one of the top-performing cryptocurrencies. Over the past two years, XRP delivered a 543.6% return, significantly outperforming Bitcoin’s 203.8% and Ethereum’s modest 14.4% growth.

Will XRP Maintain Its Bullish Momentum?

Ripple’s legal victory has fueled excitement in the crypto community. With regulatory clarity, growing institutional interest, and strong price predictions, XRP appears to be on an upward trajectory. However, traders must remain cautious about potential resistance levels and market corrections. The broader crypto market, especially Bitcoin’s price action, will still influence XRP’s movement.

Read Also: Ripple Mints 25M RLUSD – Will XRP Finally Break $2.50?

As Ripple continues expanding its cross-border payment solutions, XRP could be on the brink of an extended bull run. If market conditions align, XRP may break previous all-time highs and solidify its place as one of the most valuable cryptocurrencies.

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