Rise in Ripple's Value as Koreans and Large Investors Intensify Purchases
XRP Market Soars After SEC Lawsuit Dismissal
The dismissal of the SEC lawsuit against Ripple Labs has brought a significant boost to XRP's market performance, with the digital asset surging past key resistance levels and reaching a high of $3.34 on August 8.
Following the appeals dismissal on August 7, 2025, XRP's price rose significantly, breaking through the $3.00 barrier and trading around $3.38 as of August 9. Forecasts predict a potential rise up to $3.50–$5.00 by the end of 2025, as market sentiment becomes notably more optimistic.
The final court ruling, which classified XRP sales on public exchanges as not securities transactions, has cleared the way for freer retail trading. However, some sales to institutional investors were ruled as securities violations, resulting in Ripple paying a $125 million civil penalty and remaining under an injunction that restricts certain institutional sales.
This means that while the lawsuit's dismissal removes significant legal uncertainty—likely encouraging more institutional interest—the injunction and penalty imposed on institutional XRP sales under securities laws still apply. This means institutional trading of XRP in the U.S. must comply with securities regulations, potentially limiting immediate broad institutional adoption until compliance is assured.
The dismissal of the lawsuit has also brought long-awaited clarity to XRP’s regulatory status in the U.S., setting a precedent for how similar tokens may be treated. This clarity may open doors for renewed institutional engagement, improved liquidity, and possibly new financial products such as ETFs involving XRP, although full regulatory alignment will be key moving forward.
In the aftermath of the lawsuit resolution, over 10 million XRP were purchased on Korean exchanges in less than half an hour. The breakout of XRP from a symmetrical triangle on the hourly chart occurred around $3.03, close to the 0.786 Fibonacci level. The price of XRP gained over 10% at one point on August 8, accompanied by rising trading volume and support from both retail and institutional investors.
As of August 9, XRP is up by more than 12% on the week. The spot markets on Binance and Coinbase are free of large sell orders, indicating a bullish market trend. The price of XRP calmed slightly on August 9, but remains within 10% of its record peak at $3.65, set just weeks earlier.
The XRP market is now looking towards the future with renewed confidence, as investors watch to see if demand from Asia continues to build and if full regulatory alignment can be achieved in the U.S. One notable development is Japan's SBI Holdings filing plans to launch a Bitcoin-XRP ETF, indicating growing interest in the token from financial institutions in Asia.
[1] SEC v. Ripple Labs Inc. [2] Ripple v. SEC [3] Ripple v. SEC [4] Ripple v. SEC [5] Ripple v. SEC
- The dismissal of the SEC lawsuit against Ripple Labs has sparked renewed interest in cryptocurrency trading, particularly in XRP, as the digital asset reached a new high of $3.34 following the court ruling.
- The clear classifying of XRP sales on public exchanges as not securities transactions has opened doors for freer investing and potentially new financial products, such as ETFs, based on XRP, thanks to the increased clarity in XRP’s regulatory status in the U.S.
- Talks about technology development in finance have been revitalized, with some financial institutions in Asia showing growing interest in XRP, as evidenced by SBI Holdings' filing plans to launch a Bitcoin-XRP ETF, which may impact blockchain and crypto-related investments.
