$XRP news today XRP news today is buzzing with developments
CryptoPotato
Updated at: 20 hours ago
{"content":"$XRP news today
XRP news today is buzzing with developments in the Ripple-SEC lawsuit. Here's what's happening ¹:
- *Ripple-SEC Settlement*: The SEC and Ripple are nearing a settlement, with the SEC potentially voting on Ripple's appeal withdrawal and settlement terms. This could significantly impact XRP's price.
- *XRP ETF Demand*: Teucrium's 2x Long Daily XRP ETF debuted strong, with $5 million in trading volume, ranking among the top 5% of new ETF launches. This increased demand could boost XRP's price.
- *Ripple's Acquisition*: Ripple acquired Hidden Road for $1.25 billion, expanding into traditional finance and strengthening XRP's cross-border payments. Hidden Road will use XRP Ledger for post-trade operations, increasing efficiency and reducing costs.
- *Market Performance*: XRP rose 1.08% as Ripple shared a bullish Q1 report. The current price is $2.41, with a 2.34% increase.
Some experts speculate that ²:
- *Case Resolution*: The Ripple case might be settled before the approval of spot XRP ETFs. Pro-XRP attorney Jeremy Hogan believes Ripple is negotiating to vacate parts of Judge Torres' ruling.
- *Price Prediction*: XRP's price direction will likely hinge on SEC votes, court filings, and appeal withdrawal, as well as broader macro factors like Fed policy and US-China trade headlines. Key support lies at $2.10, with potential resistance at $2.50.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/11/63478feb8a8d4f97bc6423eaa7b3bc8a.jpg","https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/11/cf2806a6473941f6ba8e577a65c07848.jpg"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}