XRP adds nearly $100 billion since Ripple’s first major victory in SEC case
Summary ⚈ XRP’s 235% market cap surge since mid-2023 stems largely from Ripple’s court victories against the SEC. ⚈ Post-election optimism under President Trump and anticipation of a spot XRP ETF have added fuel to XRP’s recent breakout above $2. ⚈ A proposed May 2025 settlement could officially end the years-long legal battle and open the door to institutional inflows. Since its first major legal victory in the Ripple v. Securities and Exchange Commission (SEC) case, XRP’s market cap has more than tripled, driven by optimism around the legal clarity and broader bullish sentiment in the crypto space. On July 13, 2023, District Judge Analisa Torres ruled that XRP is not a security when sold to retail investors on public exchanges. This landmark decision marked a turning point not just for Ripple but for the entire cryptocurrency industry, which had closely followed the SEC’s lawsuit since it began in December 2020. Following that ruling, XRP’s market perf...