- Ripple nears end of legal battle, refocuses on XRP utility and growth.
- XRP eyes a breakout above $2.30 as technical pressure builds.
- XRP ETF hopes and EVM tools are boosting institutional and DeFi interest.
Ripple’s legal saga with the US Securities and Exchange Commission (SEC) appears to be entering its final chapter, and XRP’s market is already reacting.
With Ripple dropping its cross appeal, and the SEC expected to follow suit, attention is shifting back to innovation, infrastructure, and price action.
Notably, this legal development is being hailed as a pivotal moment by Ripple’s leadership.
Brad Garlinghouse, Ripple’s CEO, confirmed the decision via a viral post, stating that Ripple is locking in its commitment to building the “Internet of Value.”
The statement was echoed by Ripple’s Chief Legal Officer, Stuart Alderoty, who emphasised that XRP’s legal status remains unchanged—it is not a security.
Ripple’s legal exit clears a path for growth
For nearly four years, XRP’s price has danced to the tune of courtroom battles and regulatory uncertainty.
However, with the appeals withdrawn and clarity in place, traders and institutional investors alike are beginning to recalibrate their expectations.
Confidence is returning to the XRP ecosystem, with CoinShares data showing over $219 million in institutional inflows for 2025 alone.
Despite recent price pullbacks, this surge in capital reflects growing conviction in XRP’s long-term viability.
Notably, Ripple’s strategic pivot toward utility and enterprise expansion is timely. The company’s unveiling of an EVM-compatible XRP Ledger sidechain, supported by the Axelar bridge, is unlocking a multichain future.
For developers and institutions, this infrastructure shift means easier onboarding, better liquidity access, and increased exposure to over 80 blockchain networks.
Technical XRP price levels to watch amid cautious optimism
As of June 30, XRP was trading near $2.17, having pulled back slightly after facing firm resistance at $2.22.
Analysts are closely watching the price action between $2.20 and $2.30; a zone packed with major moving averages and historical VWAP levels.
I haven’t shared an analysis on XRP/USD in over a month, for good reason
Now is the time I am starting to pay attention
We have reached a very important breakout zone between $2.20 and $2.30
The zone is an apex of the 1M & 3M VWAP, anchored VWAPs from every swing point… pic.twitter.com/joYuyc6q37
— Dom (@traderview2) June 28, 2025
This range, according to on-chain data and volume analysis, marks a decisive battleground.
A daily close above $2.30 could pave the way toward $3, and potentially higher, if momentum holds.
However, failure to break through could send XRP revisiting support around $2.10 and, in a deeper pullback, toward $1.90 or even $1.80.
Despite institutional interest and whale accumulation increasing steadily, the broader market remains cautious.
Open interest in XRP futures has held above $4 billion, reflecting sustained engagement, yet trading volume suggests indecision.
XRP ETF hopes and PayFi innovation add momentum
Excitement continues to build around a potential XRP ETF, with Bloomberg analysts placing the odds of approval at 95% following “very positive” SEC discussions. If approved, this could open the door to billions in new institutional capital.
Meanwhile, emerging platforms like Remittix are already pushing XRP’s cross-border utility even further.
The PayFi startup enables instant crypto-to-fiat transfers to any bank account globally, using XRP and stablecoins. With over $15.8 million raised and nearly 20,000 investors, it’s quickly being dubbed “XRP 2.0” by its early supporters.
The post XRP price outlook as Ripple drops cross appeal appeared first on CoinJournal.
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