{"id":50549,"date":"2025-04-11T09:47:50","date_gmt":"2025-04-11T09:47:50","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/xrp-jumps-30-as-ripple-nears-sec-settlement-plans-1-25b-acquisition\/"},"modified":"2025-04-11T09:47:50","modified_gmt":"2025-04-11T09:47:50","slug":"xrp-jumps-30-as-ripple-nears-sec-settlement-plans-1-25b-acquisition","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/xrp-jumps-30-as-ripple-nears-sec-settlement-plans-1-25b-acquisition\/","title":{"rendered":"XRP jumps 30% as Ripple nears SEC settlement, plans $1.25B acquisition"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<ul>\n<li>Ripple aims to scale RLUSD stablecoin through Hidden Road&rsquo;s network.<\/li>\n<li>XRP trades above its 50-day moving average for the first time in months.<\/li>\n<li>Ripple&rsquo;s cross-border payment network spans over 70 financial institutions.<\/li>\n<\/ul>\n<p class=\"\" data-start=\"90\" data-end=\"775\">Ripple&rsquo;s legal fight with the US Securities and Exchange Commission (SEC) may finally be nearing its conclusion.<\/p>\n<p class=\"\" data-start=\"90\" data-end=\"775\">On Wednesday, Ripple and the SEC filed a joint motion to suspend their pending appeals, signalling that a long-awaited settlement could be imminent.<\/p>\n<p class=\"\" data-start=\"90\" data-end=\"775\">This comes as Ripple announces its $1.25 billion <a href=\"https:\/\/coinjournal.net\/news\/ripple-acquires-prime-broker-hidden-road-for-1-25-billion\/\">acquisition of Hidden Road<\/a>, a prime crypto brokerage.<\/p>\n<p class=\"\" data-start=\"90\" data-end=\"775\">The twin developments have triggered a 30% surge in XRP&rsquo;s price from recent lows, reviving investor confidence.<\/p>\n<p class=\"\" data-start=\"90\" data-end=\"775\">With global trade tensions easing and the US taking a more pro-crypto stance under President Trump, XRP&rsquo;s position as a cross-border payments asset appears to be strengthening.<\/p>\n<h2 data-start=\"777\" data-end=\"827\">SEC case against Ripple enters final stage<\/h2>\n<p class=\"\" data-start=\"829\" data-end=\"1260\">The legal battle between Ripple and the US SEC, ongoing since December 2020, took a decisive turn as both parties submitted a joint motion to suspend their appeals.<\/p>\n<p class=\"\" data-start=\"829\" data-end=\"1260\">The motion, confirmed by legal analyst James Filan on Wednesday, paves the way for a negotiated settlement.<\/p>\n<p class=\"\" data-start=\"829\" data-end=\"1260\">Under <a href=\"https:\/\/coinjournal.net\/news\/paul-atkins-to-be-confirmed-by-senate-today-cloture-vote-reportedly-scheduled-for-later-today\/\">SEC Chair Paul Atkins<\/a>, who has taken a notably softer regulatory approach, XRP has reportedly been classified as a payment asset rather than a security.<\/p>\n<p class=\"\" data-start=\"1262\" data-end=\"1584\">This reclassification reduces regulatory risk for XRP and aligns with Ripple&rsquo;s strategy of pushing for global adoption of its blockchain-based payment systems.<\/p>\n<p class=\"\" data-start=\"1262\" data-end=\"1584\">While full terms of the potential settlement have not been disclosed, the pause in legal proceedings marks a critical step forward for Ripple&rsquo;s expansion efforts.<\/p>\n<h2 data-start=\"1586\" data-end=\"1655\">Ripple&rsquo;s $1.25B Hidden Road deal targets institutional growth<\/h2>\n<p class=\"\" data-start=\"1657\" data-end=\"1963\">Just as legal clarity emerges, Ripple has announced the acquisition of Hidden Road, a London-based prime brokerage known for its crypto liquidity solutions.<\/p>\n<p class=\"\" data-start=\"1657\" data-end=\"1963\">The $1.25 billion transaction is aimed at strengthening XRP&rsquo;s market infrastructure and accelerating adoption among banks and financial institutions.<\/p>\n<p class=\"\" data-start=\"1965\" data-end=\"2351\">Ripple is also expected to expand its new stablecoin, RLUSD, across the Hidden Road platform. With this deal, Ripple intends to improve access to on-chain liquidity and trading efficiency for its institutional clients.<\/p>\n<p class=\"\" data-start=\"1965\" data-end=\"2351\">The acquisition follows several strategic hires by Ripple in Europe and Asia, underlining its focus on building enterprise-grade products for cross-border settlements.<\/p>\n<p class=\"\" data-start=\"2353\" data-end=\"2547\">Hidden Road&rsquo;s existing client base and regulatory licences across multiple jurisdictions provide Ripple with a springboard for greater international reach, especially in the Asia-Pacific region.<\/p>\n<h2 data-start=\"2549\" data-end=\"2594\">XRP price breaks key technical levels<\/h2>\n<p class=\"\" data-start=\"2596\" data-end=\"2926\">XRP&rsquo;s price has rallied strongly, climbing nearly 30% over the past week. The token recently broke above its 50-day moving average and now trades at $2.00 for the first time since early 2024.<\/p>\n<p data-start=\"2596\" data-end=\"2926\"><\/p>\n<p data-start=\"2596\" data-end=\"2926\">Source: <a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\">CoinMarketCap<\/a><\/p>\n<p class=\"\" data-start=\"2596\" data-end=\"2926\">Market analysts have identified $2.50 as the next resistance zone, with potential for further gains if XRP enters price discovery mode.<\/p>\n<p class=\"\" data-start=\"2928\" data-end=\"3142\">On the downside, XRP has support at $1.50, where buy orders have clustered.<\/p>\n<p class=\"\" data-start=\"2928\" data-end=\"3142\">The Relative Strength Index (RSI) currently sits at 65, approaching overbought levels, indicating some potential for short-term pullbacks.<\/p>\n<p class=\"\" data-start=\"3144\" data-end=\"3443\">Ripple&rsquo;s recent moves&mdash;including legal progress and strategic acquisitions&mdash;have driven up trading volumes and opened the door to renewed institutional interest.<\/p>\n<p class=\"\" data-start=\"3144\" data-end=\"3443\">With clearer regulatory direction, XRP&rsquo;s use as a bridge currency for real-time settlements could see faster integration in global finance.<\/p>\n<h2 data-start=\"3445\" data-end=\"3504\">Global backdrop turns favourable for Ripple and XRP<\/h2>\n<p class=\"\" data-start=\"3506\" data-end=\"3828\">The broader macro environment has also become more supportive.<\/p>\n<p class=\"\" data-start=\"3506\" data-end=\"3828\">The US is reportedly engaging in fresh tariff negotiations with the European Union and China, easing fears of another trade war.<\/p>\n<p class=\"\" data-start=\"3506\" data-end=\"3828\">These developments have helped stabilise global markets, encouraging risk-on sentiment and improving conditions for crypto assets.<\/p>\n<p class=\"\" data-start=\"3830\" data-end=\"4162\">With President Donald Trump returning to office and SEC leadership shifting towards pro-business stances, digital assets like XRP may see fewer regulatory roadblocks in the months ahead.<\/p>\n<p class=\"\" data-start=\"3830\" data-end=\"4162\">If the Ripple-SEC settlement proceeds as expected, it would mark one of the most significant legal resolutions in the US crypto industry to date.<\/p>\n<p class=\"\" data-start=\"4164\" data-end=\"4372\">Ripple&rsquo;s cross-border payment solutions already serve over 70 financial institutions.<\/p>\n<p class=\"\" data-start=\"4164\" data-end=\"4372\">If confidence continues to build, more banks may begin using XRP as a bridge asset, further boosting demand and liquidity.<\/p>\n<p>The post <a href=\"https:\/\/coinjournal.net\/news\/xrp-jumps-30-as-ripple-nears-sec-settlement-plans-1-25b-acquisition\/\">XRP jumps 30% as Ripple nears SEC settlement, plans $1.25B acquisition<\/a> appeared first on <a href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n<p><a href=\"https:\/\/coinjournal.net\/news\/xrp-jumps-30-as-ripple-nears-sec-settlement-plans-1-25b-acquisition\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Ripple aims to scale RLUSD stablecoin through Hidden Road&rsquo;s network. XRP trades above its 50-day moving average for the first time in months. Ripple&rsquo;s cross-border payment network spans over 70 financial institutions. Ripple&rsquo;s legal fight with the US Securities and Exchange [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":50550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/50549"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=50549"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/50549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/50550"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=50549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=50549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=50549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}