Following the end of the lengthy dispute between Ripple and the SEC, XRP shows positive trends and strengthens its market position.
Current Market Situation of XRP
According to market analyst Lingrid, XRP is consolidating just below $3.20 after a breakout and $3.00 retest, with higher lows along the trendline reinforcing its bullish structure. She stated, "Holding above $3.20 keeps momentum intact for a move toward the $3.70 target zone. A break above the recent swing high could trigger accelerated gains into the upper resistance range."
SEC's Shift Towards New Regulations
With the conclusion of the Ripple–SEC saga, the agency's leadership is pivoting from litigation to rulemaking. Chair Paul S. Atkins called for moving "from the courtroom to the policy drafting table," signaling a new regulatory chapter for crypto focused on clear rules over enforcement-by-litigation. SEC Commissioner Hester Peirce hailed the case as "A welcome development for many reasons," emphasizing the importance of clear rules that foster progress.
Future of XRP and Its Market Impact
In response to regulatory changes, XRP stands a chance to strengthen its position. If the token can hold above $3.20, further movement toward the $3.70 level may occur. Chair Atkins is focused on timely rulemaking for cryptocurrencies, which could provide a more stable environment for investors and trigger XRP's growth given the improved market situation.
Changes in SEC's regulatory policy and positive market trends for XRP are opening new prospects. Successful retention above the $3.20 level may facilitate further achievements.
