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Digital currency XRP experiences a 13% surge over 24 hours, reaching a peak of $3.36, marking its highest point in two weeks.

Ripple's cryptocurrency, XRP, soared by 13% within 24 hours to reach $3.36, outpacing Bitcoin and Ether amidst increased institutional trading and the resolution of the Ripple-SEC legal dispute.

Digital currency XRP climbs a stunning 13% in a 24-hour span, reaching a two-week peak of $3.36.
Digital currency XRP climbs a stunning 13% in a 24-hour span, reaching a two-week peak of $3.36.

Digital currency XRP experiences a 13% surge over 24 hours, reaching a peak of $3.36, marking its highest point in two weeks.

In a significant shift for the cryptocurrency market, institutional investors are increasingly betting on XRP following major legal and regulatory progress.

Recent developments show that the dismissal of the legal case between Ripple and the U.S. Securities and Exchange Commission (SEC) has unlocked significant institutional capital flows into XRP. This positive outcome, which ended a protracted legal battle, has restored confidence among institutional investors.

In the first quarter of 2025, institutional inflows into XRP-related products reached $37.7 million, reflecting renewed institutional interest after years of regulatory uncertainty. This surge is partly driven by optimism around upcoming XRP spot ETF approvals by the SEC, expected in October 2025. About 10 major asset managers have filed for XRP spot ETFs, with key applications from ProShares, Grayscale, and 21Shares awaiting SEC decisions this October.

On Deribit, a crypto exchange, there was a spate of advanced derivatives trading, indicating anticipation of steep price moves. Deribit's Asia Business Head, Lin Chen, noted growing institutional demand for XRP options, prompting the exchange to launch year-end contracts. Another sizable straddle was placed at $3.10 on Deribit, a strategy that profits from large moves in either direction, with limited downside and unlimited upside.

As a result of the legal clarity and growing institutional interest, traders anticipate greater volatility and potential upside in XRP in the weeks to come. XRP outperformed both Bitcoin and Ether in the recent rally, with the cryptocurrency used for cross-border transactions increasing by almost 13% in the past 24 hours to $3.36. At the time of writing, XRP is trading at $3.36, marking the highest level for XRP since July 8.

Analysts project a potential XRP price target around $4.86 by 2026, though caution remains due to macroeconomic risks like inflation and broader market volatility that could affect sustained institutional appetite.

CoinMarketCap tracks real-time cryptocurrency prices, market rankings, and trading data across global exchanges. According to CoinMarketCap, XRP has a market cap of $199.33 billion, the highest level for XRP since July 8. Despite the optimism, volatility remains high. There have been significant liquidations and mixed institutional strategies observed.

The dismissal of the legal battle removes years of uncertainty over XRP's regulatory status, which is a significant development for investors. This marks a turning point for XRP’s institutional adoption and price outlook heading into late 2025.

Note: An additional fact not previously mentioned is that SBI has filed for an XRP ETF with an analyst target for XRP price to reach $4.

[1] Source: CoinDesk (https://www.coindesk.com/business/2025/08/10/ripples-legal-victory-unleashes-institutional-capital-flows-into-xrp/) [2] Source: The Block (https://www.theblockcrypto.com/post/915083/ripple-xrp-etf-approval-probability-improves-after-sec-dismissal-of-lawsuit) [3] Source: Bloomberg (https://www.bloomberg.com/news/articles/2025-08-10/ripple-s-xrp-surges-on-u-s-court-ruling-that-it-s-not-a-security) [4] Source: Yahoo Finance (https://finance.yahoo.com/news/ripples-xrp-surges-sec-dismisses-123000354.html) [5] Source: CoinTelegraph (https://cointelegraph.com/news/ripple-xrp-price-surges-as-market-reacts-to-sec-dismissal-of-lawsuit)

  1. Institutional investors are keenly interested in XRP following the dismissal of the legal case between Ripple and the U.S. Securities and Exchange Commission (SEC), with SBI filing for an XRP ETF and analysts predicting a potential XRP price target of $4.
  2. The growing institutional demand for XRP options, as indicated by advanced derivatives trading on Deribit, contributes to the expectation of increased volatility and potential upside for XRP.
  3. In the aftermath of the legal victory for Ripple, 10 major asset managers have filed for XRP spot ETFs, aiming to capitalize on upcoming XRP spot ETF approvals by the SEC, many of them with key applications from ProShares, Grayscale, and 21Shares.

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