Ripple’s XRP Jumps Above $3.25 as SEC Dispute Ends and Big-Money Interest Grows

XRP Surges Above $3.25 as Ripple-SEC Case Ends, Driving Institutional Inflows and Bullish Breakout

XRP posted a double-digit rally on August 11, gaining 11% over the past 24 hours to reach an intraday high of $3.27 before closing at $3.22. The surge follows the formal dismissal of the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs, ending years of regulatory uncertainty and unlocking a flood of institutional participation.

Institutional Trading Activity Spikes

Institutional volume soared by 208% to $12.4 billion, while derivatives open interest climbed 15% to $5.9 billion, indicating strong positioning from large players. A sharp dip to $3.16 early in the session was met with aggressive buying in the $3.15–$3.16 zone, setting the stage for a breakout past the key $3.22 resistance level, which was held through the close.

Legal Clarity Drives Momentum

Ripple and the SEC jointly dropped appeals in their long-running legal dispute, removing a major overhang for XRP. The decision paves the way for increased institutional adoption and the potential inclusion of XRP in regulated financial products. Analysts now see medium-term upside targets in the $4.50–$5.00 range, citing bullish technical patterns and renewed investor confidence.

Technical Summary

Price Range: $3.15 – $3.27
Resistance: $3.24 – $3.27
Support: $3.15 – $3.16
Volume: $12.4B (↑208%)
Open Interest: $5.9B (↑15%)
Session Volatility: ~3%

The breakout follows a sustained period of consolidation, with institutional flows now firmly back in the driver’s seat. The $3.15 support zone is now a key short-term level to watch for traders managing risk.

Broader Market Context

Institutional rebalancing and bullish sentiment were further supported by ETF-related activity in Japan, which could spill over into U.S. markets. If macro and regulatory tailwinds continue, XRP appears well-positioned to extend gains.