XRP Surges 30% in One Week! Ripple CEO Garlinghouse Hints at $50M Deal to End SEC Lawsuit

The recent XRP price surge started before the weekend and was stopped yesterday, April 14. As of this writing, the XRP token price stands at $2.15 with a 1.44% daily growth. However, the interesting XRP news is that the trading volume has been very high in the last 24 hours. Such a surge in activity usually happens at the start of an uptrend or a downtrend. As such, there might be some whales or big players who are getting ready for something. Nonetheless, despite such doubts, the current XRP price prediction has remained bullish. 

Is XRP’s 30% Surge a Sign of a Major Bull Run Ahead?

XRP has had a strong rebound in the last week and has surged over 30% from its monthly low of $1.64. This was achieved by bouncing back from the 200DMA, which caused an XRP price surge to the 50DMA. As such, although now XRP is trading at the lows of its early 2025 rally, the bulls are still in control. Because of this, whales could still be hopeful about the future of the XRP token. The strong support in XRP’s recent price action and the unusual trading volume suggest that whales might be piling up XRP.

Could Ripple’s Legal Win Spark a Bull Run for XRP?

Such evidence points to the high possibility of an XRP price surge in the near future. As such, recent XRP news of the end of the XRP SEC lawsuit could be the main cause of whale accumulation. Ripple CEO Brad Garlinghouse gave a second confirmation that both sides have filed for dismissal. He made this statement in a Fox Business interview. Before this, he had mentioned the end of the case. In early March, he published an X post announcing Ripple’s agreement with the SEC. However, now we have an official confirmation as the SEC has also filed for dismissal. 

 

🚨BREAKING: Brad Garlinghouse confirms Ripple has reached a dismissal agreement with SEC staff.

The $125M fine is being mostly refunded — interest included — and Ripple might settle $50M in #XRP itself.

This ain’t just a win…
It’s a statement.$XRP about to go beast mode?
Let… pic.twitter.com/8qgY9HXYeE

— Ripple Queen (@Ripple_queen) April 14, 2025

Additionally, in the same interview, he mentioned that the $125 million fine was also being reduced. The refunded amount will be with interest, and based on reports, the fine could now be reduced to just $50M in XRP. The SEC fined Ripple back in 2020, and the XRP SEC lawsuit has been ongoing since then. However, with the inauguration of Trump, who is a pro-crypto president, and as such a crypto-friendly administration, the SEC has backed off. The strict policy against crypto was mainly powered by the former SEC chair, who resigned before Trump’s inauguration. 

Is the XRP SEC Lawsuit Finally Coming to an End?

We also have had several XRP price surges after the Donald Trump reelection, which saw XRP climb to $3. However, with the ongoing trade war caused by Trump himself, some gains have been wiped out. Now, as whales have gained confidence again, their accumulation means that the XRP SEC lawsuit is probably ending soon. Additionally, if the $50 million fine is really paid in XRP, this will be transferred to the US crypto stockpile. As such, the fine itself could create positive news, as the US would be holding $50M of XRP.

Could XRP Reach $3.84 Again in 2025?

Additionally, we also have a bullish XRP price prediction. This is a scenario where the XRP bulls have enough power to push the price past the 50DMA. If this becomes reality, we could see XRP skyrocket to its all-time high of $3.84. However, as always, the crypto market is influenced by both internal and macroeconomic factors. As such, to find the right time to jump in before a rally starts, investors need to monitor macroeconomics as well.