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XRP revisits $0.65 amid ongoing SEC vs. Ripple lawsuit, with investors eyeing potential settlement news.

The price of XRP has surged by more than 37% over the last 30-day period, significantly outperforming the wider cryptocurrency market as the flagship cryptocurrency Bitcoin ($BTC) rose just 5.9% over the same period.

XRP, the digital asset associated with Ripple, has seen a remarkable rise in both price and the number of large holders. Over the past five weeks, the number of XRP wallets holding at least 10,000 XRP has climbed to a six-month high.

A crypto analyst has predicted a massive 2,900% increase to $18 for the XRP price, the native token of the XRP Ledger. Despite previous bearish sentiment and price declines, the analyst maintains an optimistic outlook on XRP's potential, outlining an ambitious timeline for this dramatic rise in value.

The price of the native token of the XRP Ledger has risen by more than 37% over the past month and that rise has seemingly also been accompanied by a rise in the number of whale wallets holding XRP, which “skyrocketed” over the past 5 weeks.

On-chain data shows the total number of sharks and whales on the XRP network has seen a sharp increase recently, a sign that could be bullish for the asset's price. XRP Sharks & Whales Have Witnessed Their Count Go Up Recently According to data from the on-chain analytics firm Santiment, the shark and whale wallets have registered a notable jump over the past five weeks.

Ripple is once again back in the limelight as its long-standing legal brawl with the United States Securities and Exchange Commission (SEC) nears its tail end.

According to recent reports, one of the biggest venture capital firms is looking for new opportunities in crypto as Bitcoin (BTC) is trying to break its all-time high and start a new bull rally in the crypto market. They are balancing risk with low-risk, low-return, and high-risk, high-return opportunities.

Fred Rispoli, a prominent pro-XRP lawyer, has once again taken to X to reinforce his earlier prediction that today—July 31, 2024—would mark a significant turning point in the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC).

XRP token leads large-cap altcoins in gains in the midweek price action.

The US Securities and Exchange Commission (SEC) has amended its complaint against Binance, removing the need for the court to issue a ruling on the cryptocurrencies that the regulator considers to be securities.

Scott Melker, one of the most prominent traders, has joined the list of market analysts who believe that the XRP cryptocurrency could be on the cusp of another major rally.

Data suggests a sharp rise in high-value XRP wallets, indicating growing investor confidence in the crypto asset.

XRP is one of the top performers, looking at the performance over the last three weeks. After sinking below $0.40 in early July, the coin has rebounded sharply, adding 60%.

Bitcoin bulls have held the $65,000 level, but BTC and altcoin charts show it's too early for traders to expect a short-term trend reversal.

As the Paris 2024 Olympics captivate global audiences, expert crypto traders are increasingly drawn to meme coins, sparking a frenzy of accumulation around Meme Games.

XRP has emerged as a standout performer among the top-100 cryptocurrencies by market capitalization today, recording a substantial 7% increase over the past 24 hours. This surge in XRP's price occurs amidst swirling speculations of a forthcoming settlement or remedies ruling in the Ripple-SEC case.

XRP Ledger has recently launched a significant software update, with XRP Ledger version 2.2.1. In a tweet, RippleX announced that Version 2.2.1 of rippled, the reference server implementation of the XRP Ledger protocol was now available.

XRP, the sixth-largest cryptocurrency by market capitalization might be on the verge of a massive price movement that could see substantial gains.

XRP, the digital asset associated with Ripple, might be on the verge of a monumental price surge. Recent analysis highlights a multi-year cup and handle pattern on XRP's monthly chart, which suggests a potential rally of up to 2,105% from its current price.

Check out which cryptocurrencies have been involved in the most discussions recently and why.

In a recent discussion on X, the debate over the classification of crypto assets as securities or commodities took center stage. An X user suggested that Bitcoin might be considered a security, prompting a response from Ripple's chief technology officer (CTO), who offered an insight into what constitutes a commodity.

The XRP price is breaking out today on Wednesday, sparked by the rumours that the Ripple vs SEC lawsuit could end today.

Bollinger Bands are a widely used technical analysis tool that measures market volatility. These bands consist of three lines: a middle band, which is a moving average, and two outer bands that adjust based on the price volatility of the cryptocurrency.