XRP News Today: Bulls Eye $3.40 as Crypto Week Drives Momentum; BTC Hits New High
Notably, Ripple announced it would drop its cross-appeal despite Judge Torres rejecting the settlement terms. If the SEC was willing to withdraw its appeal based on a ruling benefitting Ripple, the agency is unlikely to vote against dropping the appeal without the settlement.
XRP has soared from $2.0692 to a July 11 high of $2.9727 since Ripple announced dropping its cross-appeal. Despite the breakout, the token remains well below its 2018 all-time high of $3.5505 and 2025 high of $3.3999. An official announcement from the SEC that it’s withdrawing the appeal could be the catalyst for XRP to hit new highs.
Crypto Week: CLARITY Act in the Spotlight
While the SEC vs. Ripple case remains the key driver for XRP, legislative developments…
