
XRP has experienced a notable price increase following a court's decision to pause the U.S. Securities and Exchange Commission's (SEC) appeal in the Ripple lawsuit. The cryptocurrency surged by 2.43%, with trading volume rising by 14.63%, as investors anticipate potential approval of spot XRP exchange-traded funds (ETFs). Despite a strong order book, some analysts caution that XRP may retest lows near $1.60. Over the past year, XRP has outperformed many other altcoins, including Ethereum (ETH), maintaining a six-month streak of stronger price growth. This momentum is attributed to growing optimism around the resolution of the Ripple-SEC lawsuit, ETF approval prospects, and Ripple's recent $1.25 billion financial move. Market sentiment suggests XRP's rally, which has reached approximately 20%, may continue amid ongoing regulatory developments and settlement discussions.
XRP Just Flipped the Script 20% rally. #ETF buzz. #SEC settlement talk. #Ripple’s $1.25B move. XRP is outperforming #ETH — and it’s not done yet. #XRP #CryptoNews #Altcoins https://t.co/yEmrVpjj3T
Should I pick up some XRP then? According to a recent Coinpedia article, XRP has been outperforming ETH in price growth over the last six months, driven by the nearing end of the Ripple vs SEC lawsuit, growing optimism around potential spot XRP ETFs, and improved regulatory https://t.co/pwGWFhqkPS
$XRP HAS OUTPERFORMED $ETH FOR SIX STRAIGHT MONTHS - COINPEDIA