XRP Soars 7% On SEC Win, Outperforms Bitcoin, Ethereum

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Zinger Key Points

XRP XRP/USD is up 8.3% over the last seven days, outperforming other leading cryptocurrencies.

CryptocurrencyPrice   Market Cap24-Hour Trend7-Day Trend
XRP XRP/USD $2.48$144.3 billion+6.9% +7.9% 
Bitcoin BTC/USD $85,242.99$1.69 trillion+1.9% +2.9% 
Ethereum ETH/USD $1,992.23$240.4 billion-0.5% +5.2% 

Trader Notes: In an X post on March 20, crypto trader CrediBULL Crypto highlighted his game plan for XRP.

He believes if the expected move doesn’t happen, the ideal play is to hold spot for a run into double digits. He has no interest in mid-range longs at the moment.

CrediBULL expects others to fade the rally, creating buying opportunities.

In an X post on March 19, crypto chart analyst Ali Martinez warns that XRP's surge and social hype could signal frothiness. He is curious if it is a "great time to be contrarian."

Statistics: Coinglass data shows XRP short liquidations reaching the lowest levels since end of February.

Open interest for the altcoin saw a sudden spike to $3.8 billion, up from around $3 billion a week ago.

XRP derivatives trading volume expanded by 329.2% in the past 24 hours. Options volume was up by 591.4%.

In an X post on March 19, Santiment data noted that wallets with more than 1 million XRP currently hold 46.4 billion XRP, marking a 6.5% increase over the past two months.

It added that unique wallet interactions in March 2025 are 6x higher than prior months.

XRP's price trend has decoupled from altcoins, spiking 14% and breaching the $2.5 resistance for first time in 12 days.

Polymarket odds of a Ripple ETF in 2025 spiked to 86%, up from 73% in early March.

Community News: Ripple CEO Brad Garlinghouse calls this not just a win for Ripple, but a resounding victory for the entire cryptocurrency industry.

He believes the future is bright and we should now build it riding on the pro-crypto government and its efforts to have constructive legislation.

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Image: Shutterstock

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