Ripple has officially announced the closure of its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC). This significant event is turning into a pivotal moment for XRP and its investors.
Every market participant has now one question: Is it time to buy XRP? Now I am not an oracle who can tell what time is the best, but I can help you understand what the current scenario of XRP is.
XRP’s price today is approximately $2.43, with a 24-hour trading volume of around $3.2 billion, according to CoinMarketCap. It has seen a slight uptick of 0.55% in the last 24 hours and is up 8.31% over the past week, per Coinbase.
As of now XRP is 4th largest cryptocurrency by market cap which stands at roughly $141.6 billion. However, it remains 36.6% below its all-time high of $3.84, suggesting it has room for moving up.
Factors Affecting XRP Price
There are several factors that could influence whether now is a good time to buy XRP. Let’s have a look at a few recent ones to know the current scenario of XRP
1. SEC Case Resolution: What It Means for XRP
On March 19, 2025, Ripple announced that the SEC had officially closed the lawsuit. Which is a huge positive development after 4 years of struggle . As the lawsuit had been attracting regulatory uncertainty surrounding XRP. By far this has been a key factor that has significantly impacted its adoption and price movements.
2. Market Reaction and Price Movements
Following the announcement, XRP experienced a sharp rise in price, briefly touching $2.55 before stabilizing around $2.44. However, while analysts were predicting huge pumps to $7 and beyond, no such astronomical rally has happened.
3. Possibility of Spot XRP ETFs by 2025
Analysts point to the possibility of XRP spot ETFs being approved in 2025. Ripple CEO also said their focus is ETFs and with firms like 21Shares and Bitwise submitting applications, the possibilities of approval are high. As per polymarket, the chances of XRP ETF are as high as 82%.
Should You Buy Now?
- Reasons to Buy: If you believe in Ripple’s long-term vision for global payments, think its current price below its all-time high is a good deal, and are hopeful that regulatory tailwinds or ETF approval will happen soon, then buying now could set you up for gains in the future. It might not be “too late” to get in now that the law is clearer and the market is moving forward.
- Reasons to Wait: Now with all this positive information you must be wondering what could be the reason to wait. Because the crypto market is hard to predict, the current price is evident that price has not crossed any resistance. You could wait for a drop if you don’t want to take risks or believe that all the recent buzz has already pushed the price of XRP too high too quickly. A drop in price could be a good time to buy XRP.
Disclaimer: The information provided here is not financial advice, it is for information purposes only. Please take help from a licensed financial investor before taking any decisions.
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