XRP Price Rises as SEC and Ripple Reach Settlement Agreement

The XRP price has experienced a significant surge over the last 24 hours, exceeding the $4,500 mark. This upward movement is driven by positive developments surrounding the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC). The lawsuit, one of the longest in crypto history, is expected to reach a favorable conclusion with potentially minimal fines for Ripple, paving the way for a potential refund from the SEC. Ripple CEO Brad Garlinghouse confirmed the settlement agreement during an interview, further contributing to positive sentiment within the market.