The Second Largest Altcoin XRP Has Made Huge Strides This Year Towards a Record-High Market Dominance

Once it was made known that the U.S. Securities and Exchange Commission (SEC) is willing to settle with Ripple Labs for a $50 million fine, the institutional player sentiment dramatically shifted in a positive direction.

The second-largest cryptocurrency has made huge strides this year towards a record-high market dominance. Once it was made known that the U.S. Securities and Exchange Commission (SEC) is settling with Ripple Labs for a $50 million fine, the institutional player sentiment dramatically shifted in a positive direction.

How Settlement Hiccup Stalls XRP Price Growth

Opening the gates to a multitude of XRP exchange-traded fund (ETF) applications, the positive legal development also boosted Ripple coin’s adoption on a federal level. Indeed, the 47th U.S. President Donald Trump named XRP coin as one of the few selected for the nation’s strategic crypto reserve, initially forgetting to mention Bitcoin (BTC).

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The breakthrough in January that had sent XRP price to sky-high $3.35, just 5 cents below the all-time high set over 7 years ago, but the finality in the case isn’t achieved yet. In the latest court ruling, Judge Analisa Torres refused a joint motion for an indicative ruling on the case, which was penned by both settling parties.

#XRPCommunity #SECGov v. #Ripple #XRP Judge Torres has denied the parties’ motion for an indicative ruling. “If jurisdiction were restored to this Court, the Court would deny the parties’ motion as procedurally improper.” pic.twitter.com/4s95ILvzsy

Namely, this would have presented a clear ruling by the District Judge Ms. Torres, but she refuted the idea as “procedurally improper”. This would have likely assisted in SEC vs. Ripple case closure if it was remanded by the Second Court. In spite of being cleared out for selling unregistered securities since the SEC’s 2020 complaint, more challenges lie ahead for Ripple (XRP).

XRP Price: Rebound Signs As Key Hurdle Awaits

Presently, the popular cross-border altcoin is trading three cents below the 200-EMA line. The smoothed out moving averages depict when a coin is trading above its true value or below it. At $2.41, XRP bulls could be pushing towards $2.50 again, but this resistance level didn’t hold two days ago.

Ripple (XRP) soared to $2.62 on Wednesday, but the best price result since March, 2025 wasn’t enough to tackle the $3 target. However, the large money flows flash steady buying power since May 8, 2025. According to the Chaikin Money Flow (CMF), short-sellers haven’t been able to outweigh XRP bulls while the altcoin consolidated in an oversold position.

As we can see in the chart above, the Stochastic Relative Strength Index (StochRSI) is giving out ultra low values, dwelling between 16 & 13. Solidifying the oversold condition, this could hint at breaking out of consolidation if XRP price closes the day above $2.50.

If these resistance lines are reclaimed and flipped into support with exquisite trading volume like today’s $5 billion, a new monthly peak could be on the way. Further on, the $2.65 price level is crucial for XRP bulls in the fierce competition against Tether USD (USDT) for the bronze medal in crypto’s global ranks by market capitalization.

On The FlipsideWhy This MattersThe full-seasoned Ripple coin has been around both bull & bear markets, proving resilience throughout the years with high trading volumes, cross-border utility and legislation progress.

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