XRP Price Reacts to Legal Clarity Following the n

XRP Price Reacts to Legal Clarity

Following the news, XRP’s price saw an immediate reaction from investors. The token rose over 4%, trading at $2.20 at the time of writing, as renewed confidence swept through the Ripple market. The end of the lawsuit clears a significant overhang on XRP value, offering a more stable regulatory outlook for current and future investors.

XRP was trading at around $2.19, up 5.01% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

Market experts, such as ETFStore President Nate Geraci, suggest that this closure could pave the way for long-awaited financial products. “Closed chapter on this clears way for spot XRP ETF,” Geraci wrote, highlighting that XRP ETFs may now have a clearer path to SEC approval. Bloomberg analysts have placed a 95% probability on approval, with key decisions expected later this year.