XRP Breaks Above $3.25 as Ripple-SEC Case Ends, Institutional Demand Surges
XRP surged more than 11% on August 11, fueled by renewed institutional interest and the official end of Ripple Labs’ legal battle with the U.S. Securities and Exchange Commission (SEC). The token jumped from $2.90 to a high of $3.27 before settling near $3.22, marking a key technical breakout.
Key Drivers Behind the Rally
- Regulatory Clarity: The SEC and Ripple jointly dismissed their appeals, bringing a multi-year lawsuit to a close. The resolution removes a major uncertainty that had long weighed on XRP’s outlook, opening the door for broader adoption.
- Institutional Flows: Trading volumes from institutions soared 208% to $12.4 billion, while open interest in XRP derivatives climbed 15% to $5.9 billion, signaling fresh leveraged exposure from large players.
Technical Landscape
Price action showed early-session volatility, with XRP briefly dipping to $3.16 before buyers stepped in. The $3.15–$3.16 level emerged as a strong accumulation zone, leading to a breakout above $3.22 resistance that was confirmed by sustained high-volume flows.
- Support: $3.15–$3.16
- Resistance: $3.24–$3.27
- Intraday Range: $3.15 (low) to $3.27 (high)
- Implied Volatility: 3% session spread
- Volume: $12.4B (+208%)
- Open Interest: $5.9B (+15%)
Market Outlook
Institutional desks are now eyeing medium-term targets between $4.50 and $5.00, citing both the removal of regulatory overhang and a favorable technical setup. Analysts also note that ETF-driven flows in Asia may further strengthen XRP’s momentum if mirrored in the U.S.
With XRP clearing major psychological and technical hurdles, the token appears poised to reclaim further upside as legal clarity unlocks participation from previously sidelined investors.
