Key Notes
- The conclusion of the Ripple vs SEC lawsuit triggered a sharp increase in XRP activity, with daily trading volumes up 208% to $12.4 billion.
- XRP is consolidating near its all-time high on a two-week timeframe, with futures open interest climbing 9% to $8.67 billion.
- Analysts are hopeful of a strong comeback in the upcoming altcoin season.
Amid the broader crypto market rally, XRP XRP $3.26 24h volatility: 1.8% Market cap: $193.16 B Vol. 24h: $9.63 B price has also surged 4.6% moving to $3.28, and setting the stage for a strong breakout ahead.
Market analysts are still hopeful for a rally to $10, with nearly 188% upside from the current levels. Following last week’s Ripple lawsuit settlement, analysts are optimistic about the potential for a significant rally.
XRP Price Eyes 188% Upside From Here
Javon Marks, a prominent crypto analyst, stated that XRP’s current market structure mirrors its previous bull cycle, suggesting a potential surge toward the $9.63 level.
This would represent an additional gain of approximately 188% from current prices. Marks added that the rally might not stop there, indicating the possibility of even higher price targets ahead.
Based on $XRP ‘s previous bull cycle performance and this one shaping up in an extremely similar manner, the next levels to be pushed is at ~$9.63 in another +188% run from here.
Prices may not stop there… https://t.co/4UdOhKbp3U pic.twitter.com/MlpZ3KzS3f
— JAVON⚡️MARKS (@JavonTM1) August 12, 2025
As mentioned above, the XRP price is showing strength with 4.6% upside in the last 24 hours, and its market cap is approaching $200 billion.
The daily trading volumes for the Ripple cryptocurrency have surged more than 15% to $9.16 billion, showing strong bullish sentiment among traders.
Coinglass data shows that the XRP futures open interest is up 9% to more than $8.67 billion.
Another popular crypto analyst, EGRAG Crypto, highlighted that XRP is consolidating on a two-week timeframe near its all-time high, despite prevailing bearish sentiment among some market participants.
He added that despite the technical chart patterns highlighting a clear upside, market sentiment continues to remain surprisingly bearish.
#XRP – Yet, Some Are Still Bearish! 🤣
I know It’s hard to believe, but #XRP is currently consolidating on a two-week time frame at its all-time high (ATH) 📈, and yet, some folks are still feeling bearish! 🙄 It’s fascinating to see how market sentiment can swing your emotions… pic.twitter.com/XIhISMjo9R
— EGRAG CRYPTO (@egragcrypto) August 13, 2025
Ripple Lawsuit Settlement Has Sparked Institutional Demand
Last week, Ripple Labs and the U.S. Securities and Exchange Commission (SEC) officially withdrew their appeals, bringing an end to years long XRP lawsuit.
Despite the confusion in the crypto community, SEC Commissioner Hester Pierce and chairman Paul Atkins has officially confirmed the end of the legal battle.
Commissioner Peirce is right. With this chapter closed, we now have an opportunity to shift our energy from the courtroom to the policy drafting table. Our focus should be on building a clear regulatory framework that fosters innovation while protecting investors. #ProjectCrypto
— Paul Atkins (@SECPaulSAtkins) August 11, 2025
The resolution has spurred significant institutional interest, as the daily trading volumes went up by a massive 208% to $12.4 billion following the announcement.
On the other hand, investor confidence has been lifted by enterprise adoption, such as Blue Origin’s integration of XRP payments.
nextDisclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
