XRP Price Eyes Breakout as SEC Chair Sparks Global Crypto Optimism – Ripple’s Legal Cloud May Finally Lift

SEC Commissioner Mark Uyeda shifted to a favorable perspective about crypto during his CNBC interview at the World Bank conference to predict its dominant future position in worldwide financial systems. The comments mark a vital time for Ripple and XRP as the SEC v Ripple legal battle reaches its end point.

XRP Price Gains Momentum Amid Renewed Confidence

XRP price escalated by about 6% after Uyeda’s statement because analysts believed Ripple was going to have better results in its SEC lawsuit confrontation. The regulatory clouds surrounding XRP have cleared as the broad acceptance of crypto as an essential element for future global finance continues rising.

listening to SEC Chair Mark Uyeda talk about about crypto today with CNBC at the World Bank

and i can say definitively that the vast majority of you are not bullish enough about crypto’s role in massive global financial innovation

you are in the trenches myopically flipping…

— DCinvestor (@iamDCinvestor) April 23, 2025

Market experts predict XRP will experience a sustained price increase if legal clarity provides a breakthrough to surpass the $0.65 resistance mark as the token remains near the $0.60 range.

SEC vs Ripple: Will the Case Finally End?

The Ripple-SEC lawsuit began in 2020 after the SEC alleged that Ripple conducted unlawful XRP security sales. The SEC’s tough stance on cryptocurrencies has confronted challenges because of recent judicial decisions and increasing support for crypto from their leadership. The positive statements from Uyeda are potentially signs of an organizational shift by the company or show decreasing focus on imposing penalties against Ripple.

The market acknowledges that XRP might have its next stage based on Ripple’s position as a cross-border payment service and blockchain conversations among global financial organizations.