Overview

• Ripple Labs and the U.S. Securities and Exchange Commission have jointly withdrawn all appeals in the Second Circuit, officially ending their nearly five-year legal dispute.
• XRP climbed above the pivotal $3.27 level on unusually high volume and has traded in a $3.20–$3.35 range since August 13.
• On-chain and exchange data show whale accumulation and institutional inflows driving peak hourly volumes above 200 million XRP.
• Analyst forecasts diverge sharply, with near-term targets of $3.60–$5.00 and some pundits projecting long-term valuations as high as $1,000.
• With the case closed, SEC Chair Paul Atkins and Commissioner Hester Peirce say the agency will shift focus from enforcement to developing comprehensive crypto regulations.