15th April 2025 – (New York) While the XRP (XRP) price hovered slightly above $2.10 on Monday, a notable surge in trading volumes exceeding $3 billion within the past 24 hours hints at potential behind-the-scenes activity.
Despite being ensnared in a short-term downtrend from its early 2025 peaks near $3.50, encountering resistance at its 50-day moving average over the weekend, XRP experienced a robust bounce from its 200-day moving average last week, marking a more than 30% rise from monthly lows. This points to ongoing bullish control in the market.
The resilient price performance in recent sessions, coupled with heightened trading volumes, suggests that significant players, possibly whales, are accumulating XRP discreetly.
What could these large investors know that the average retail trader may not be privy to?
Brad Garlinghouse, Ripple Labs’ CEO, confirmed in a Fox Business interview on Monday that the fintech company has settled with the SEC. Ripple Labs, the entity behind the XRP Ledger and cryptocurrency, faced penalties from the SEC in 2020.
Subsequent legal setbacks, along with the arrival of the pro-crypto Trump administration, have led the SEC to ease off on litigations against major crypto market participants, including Ripple Labs. However, the primary development of interest lies elsewhere.
XRP had already surged after Trump’s electoral win in anticipation of a more favourable regulatory environment. The potential settlement of the lawsuit involving Ripple Labs handing over $50 million in XRP tokens to the US government could position XRP as a significant asset in the government’s growing crypto holdings, distinct from its strategic Bitcoin reserves.
The formal inclusion of XRP in the US government’s crypto portfolio could serve as a major bullish indicator for the cryptocurrency.
For the time being, XRP’s trajectory is likely to be influenced by broader market conditions. Factors such as developments in tariff disputes, the US economic landscape, and Federal Reserve actions will be crucial to monitor.
A break above the 50-day moving average and recent downtrend could pave the way for a potential 60% surge back to 2025 highs for XRP.
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