Overview

• Ripple and the SEC’s joint motion to dismiss appeals on August 7 officially ended their five-year lawsuit and removed a major compliance overhang for XRP.
• Trading volumes surged about 208% to $12.4 billion in the days following the settlement, reflecting renewed institutional participation.
• Whales added roughly 900 million XRP in two days, driving an intraday high near $3.32 before profit-taking pressure emerged.
• A concentrated sell-off of 73.87 million XRP during a 19:00 session pushed the price from about $3.20 to $3.15, cementing a trading range between $3.13 and $3.27–$3.33.
• Analysts say a decisive breakout above $3.33 could target $4–$5 levels, but low on-chain TVL relative to market cap and uncertain ETF approval timelines pose correction risks.