Core Insights - XRP has experienced a significant price increase of approximately 380% over the past year, driven by positive developments and improved market sentiment following the resolution of legal issues [1][4][6] Legal Developments - The major catalyst for XRP's price surge was the resolution of a long-standing lawsuit with the SEC, which alleged that Ripple Labs violated securities laws by selling XRP tokens [4][5] - A judge ruled that XRP sales to individual investors did not violate securities laws, while sales to institutional investors did, leading to a mixed ruling that was eventually settled for $50 million in May 2025 [5][6] Market Opportunities - The removal of legal uncertainties has opened new opportunities for XRP, including the potential for institutional investors to launch spot exchange-traded funds (ETFs) that hold XRP tokens, increasing accessibility and demand [6][9] - The XRP ledger is now positioned to facilitate cross-border financial transactions efficiently, contrasting with the traditional SWIFT network, which is slower and more costly [7][8]