Ripple XRP Price Soars Following SEC Settlement Request

The crypto market is buzzing with excitement as Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) nears its resolution. XRP, the native token of Ripple, experienced a significant price surge, rising over 8% in early Thursday trading after news broke that both parties had filed for an indicative ruling to finalize a settlement agreement. The price action has been strong, with XRP currently trading around $2.28 – up 7% in just 24 hours – and even breaking through the $2.3 mark since the announcement.