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Ripple\u2019s decision to withdraw its cross-appeal<\/a>, linked to a settlement with the SEC, also failed to revive XRP demand. Following the withdrawal, XRP fell 11%. Ripple Chief Legal Officer Stuart Alderoty announced Ripple\u2019s cross-appeal<\/a> withdrawal and favorable settlement terms with the SEC regarding Judge Analisa Torres\u2019 Final Judgment<\/a>.<\/p>\n One crucial component of Ripple\u2019s settlement includes a request for Judge Torres to vacate the injunction prohibiting XRP sales to institutional investors. This could be pivotal for Ripple\u2019s US expansion plans and broader adoption of its remittance platforms.<\/p>\n However, the absence of SEC commentary has fueled uncertainty about the agency\u2019s intentions. The next closed SEC meeting is on April 3. A post-meeting announcement could be vital for XRP to sustain current price levels. An official withdrawal could accelerate:<\/p>\n Meanwhile, Ripple continues to gain traction in the remittance space. A former SWIFT employee reportedly confirmed<\/a> that over 11,000 banks successfully tested XRP on SWIFT\u2019s network, signaling a potential surge in demand. On March 21, reports circulated<\/a> that SWIFT was nearing an agreement with Ripple to use XRP for cross-border payments.<\/p>\n XRP\u2019s near-term trajectory remains tied to the SEC\u2019s appeal withdrawal, the Final Judgment, and the potential approval of XRP-spot ETFs.<\/p>\n Potential Price Scenarios:<\/p>\n<\/div>\n [ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":" [ad_1] Ripple\u2019s decision to withdraw its cross-appeal, linked to a settlement with the SEC, also failed to revive XRP demand. Following the withdrawal, XRP fell 11%. Ripple Chief Legal Officer Stuart Alderoty announced Ripple\u2019s cross-appeal withdrawal and favorable settlement terms with the SEC regarding Judge Analisa Torres\u2019 Final Judgment. One crucial component of Ripple\u2019s settlement includes a request for Judge Torres to vacate the injunction prohibiting XRP sales to institutional investors. This could be pivotal for Ripple\u2019s US expansion plans and broader adoption of its remittance platforms. However, the absence of SEC commentary has fueled uncertainty about the agency\u2019s intentions. The next closed SEC meeting is on April 3. A post-meeting announcement could be vital for XRP to sustain current price levels. An official withdrawal could accelerate: Court filings to vacate Judge Torres\u2019 injunction. Spot ETF approvals. Ripple\u2019s US expansion and broader XRP adoption. Meanwhile, Ripple continues to gain traction in the remittance space. A former SWIFT employee reportedly confirmed that over 11,000 banks successfully tested XRP on SWIFT\u2019s network, signaling a potential surge in demand. On March 21, reports circulated that SWIFT was nearing an agreement with Ripple to use XRP for cross-border payments. XRP Price Trends: Regulatory Action, Adoption, and Spot ETFs XRP\u2019s near-term trajectory remains tied to the SEC\u2019s appeal withdrawal, the Final Judgment, and the potential approval of XRP-spot ETFs. Potential Price Scenarios: [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":40808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-40807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/40807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=40807"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/40807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/40808"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=40807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=40807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=40807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
XRP Price Trends: Regulatory Action, Adoption, and Spot ETFs<\/h2>\n