XRP News Today: Nasdaq ETF and Ripple SEC Case Drive Price Surge

XRP in Focus: Ripple’s Legal Battle, ETF Speculation, and Japanese Partnerships Ignite 3% Price Rally

Ripple’s XRP token is once again drawing attention across the global cryptocurrency landscape. Despite a turbulent month that saw the asset dip nearly 5%, XRP has experienced a sudden surge—rallying approximately 3% within 24 hours to reach $2.22. The token now boasts a market capitalization of $131.69 billion, supported by $2.92 billion in 24-hour trading volume, signaling renewed investor interest.

Source: CoinMarketCap

This sudden upward movement has ignited renewed optimism among XRP holders and market analysts alike. While short-term fluctuations are common in the crypto market, the reasons behind XRP’s recent price rally point to a combination of legal, regulatory, and strategic developments that could significantly shape the token’s trajectory.

Legal Developments: The Ripple vs. SEC Case Nears a Potential Turning Point

Central to XRP’s resurgence is the highly publicized lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), a case that has cast a shadow over XRP for years. The lawsuit alleges that Ripple engaged in an unregistered securities offering by selling XRP tokens, a claim Ripple has continuously denied.

The legal battle, which began in December 2020, is now approaching a potentially decisive moment. A critical deadline is set for June 17, 2025, during which the SEC is expected to either push for a settlement ruling or await a final judgment. Legal analysts suggest that a favorable ruling for Ripple could end years of uncertainty and open the doors for institutional investment in XRP.

Source: PolyMarket

“A clean verdict will give XRP a regulatory green light and will likely catalyze mainstream adoption,” noted Jessica Nguyen, a fintech legal analyst. “It will also set a precedent that could influence how other cryptocurrencies are classified by U.S. regulators.”

ETF Momentum Builds: Nasdaq and Polymarket Signal Positive Sentiment

Adding to the bullish sentiment is news from the ETF sector. On June 2, 2025, Nasdaq filed a rule-change proposal with the U.S. Securities and Exchange Commission to expand its Hashdex Nasdaq Crypto Index US Exchange Traded Fund (ETF) to include a broader range of altcoins—most notably XRP, Cardano (ADA), Solana (SOL), and Stellar (XLM).

If approved, this ETF expansion would allow institutional and retail investors to gain regulated exposure to these cryptocurrencies through traditional financial markets. The deadline for the SEC to respond is November 2, 2025, and early market reactions suggest strong optimism about its approval.

Meanwhile, on Polymarket—a decentralized prediction market platform—the probability of XRP ETF approval in 2025 has skyrocketed. In just over a month, trader confidence has surged from 75% to 98%, signaling an overwhelming market belief that institutional investment avenues for XRP are on the horizon.

“This isn’t just speculation anymore,” said crypto market strategist David Lin. “The ETF push from Nasdaq, combined with investor sentiment on Polymarket, shows how much anticipation is brewing. If approved, XRP could quickly become one of the most accessible digital assets for U.S. investors.”

Strategic Expansion: Ripple's Japanese Alliance Promises Future Growth

Ripple has also made strategic moves in Asia, particularly in Japan—a country known for its progressive stance on cryptocurrency regulation. Ripple recently partnered with Web3 Salon, an initiative supported by Japan External Trade Organization (JETRO) and the Asia Web3 Alliance, to accelerate the adoption and development of XRP Ledger (XRPL) projects.

As part of the collaboration, Ripple and Web3 Salon will provide up to $200,000 per project in funding, with at least four community-driven events planned through 2026. This partnership aims to foster the next wave of blockchain innovation in Japan, which already sees high adoption rates of digital finance technologies.

Industry observers note that XRP’s deepening roots in Japan could become a major factor in its global adoption. According to recent estimates, up to 80% of Japanese banks are expected to integrate or test XRP as part of their cross-border payment infrastructure by 2025.

“Japan has always been ahead of the curve when it comes to fintech integration,” said Tomoko Nakamura, a blockchain researcher at the University of Tokyo. “This partnership with Ripple further embeds XRP into the region’s financial future.”

XRP Price Outlook: Analyzing the Market Indicators

At its current trading level of $2.22, XRP stands comfortably above the critical support level of $2.00. Technical indicators present a mixed picture: the Relative Strength Index (RSI) is neutral at 48.55, while the Moving Average Convergence Divergence (MACD) suggests a slight bearish bias.

This technical formation indicates that XRP’s next move will likely hinge on external developments, particularly legal and regulatory news. Market analysts have outlined the key scenarios to watch:

Bullish Case: If XRP maintains support above $2.00 and RSI crosses over 50 with strengthening volume, the token could test resistance at $2.50. A breakthrough could send prices toward the next psychological level of $2.80 in the short term.

Bearish Case: Conversely, a drop below $2.00 could open the door to further losses, potentially bringing the price down to $1.80 or even $1.60, especially if trading volume continues to decline or negative legal news surfaces.

Traders are advised to monitor three key indicators closely: the $2.00 support level, RSI and MACD crossovers, and real-time updates from the ongoing legal proceedings.

Investor Sentiment: Volatility Meets Cautious Optimism

Despite the potential upside, market sentiment remains cautiously optimistic. While XRP has shown strength, crypto markets are notorious for reacting sharply to news—both positive and negative.

“What we’re seeing is a token poised at the crossroads,” said Emily Carter, portfolio manager at Digital Gate Capital. “There’s undeniable excitement, especially with ETFs and international partnerships, but much depends on what happens in the courtroom. One ruling could either trigger a bull run or push investors back into wait-and-see mode.”

Source: TradingView

The broader altcoin market has also seen a mild resurgence, as investors diversify from Bitcoin and Ethereum in search of higher growth opportunities. XRP, with its institutional focus and cross-border utility, is increasingly viewed as a viable alternative.

Conclusion: Is XRP Set for a Comeback?

Ripple’s XRP is reasserting its presence in the crypto market, buoyed by a trifecta of bullish developments: a potential resolution to its longstanding legal battle with the SEC, growing momentum in ETF integration, and a strategic expansion into Japan’s crypto-friendly financial ecosystem.

While current price action remains within a narrow band, the forces gathering around XRP suggest that a breakout—upward or downward—is imminent. Much hinges on the June 16 court hearing and the crucial June 17 deadline that could determine the outcome of Ripple’s case.

Until then, XRP remains a high-stakes asset with significant upside potential, tempered by legal uncertainty. Investors, analysts, and the broader crypto community will be watching closely in the days and weeks ahead.

If clarity and regulatory approval are achieved, XRP could not only reclaim lost ground but establish itself as a cornerstone of institutional cryptocurrency portfolios for years to come.

Writer @Erlin

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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