Why XRP (Ripple) Is Soaring Today

From Yahoo Finance: 2025-06-16 15:16:00

In recent news, the crypto sector saw positive gains. Ripple, the company behind XRP, is set to recover a significant portion of funds from the SEC. XRP prices have risen by 7.4% due to positive sentiment in the market and developments in the SEC lawsuit against Ripple. Major market indexes and cryptocurrencies rallied today following geopolitical tensions. The SEC and Ripple settled their legal battle, with Ripple set to pay $50 million to the SEC. XRP and Ripple are looking ahead to a better regulatory environment and new business opportunities. Investors should consider the volatility of XRP before investing. The Motley Fool Stock Advisor team recommends 10 stocks over XRP for potential returns. The total average return of Stock Advisor is 988%, outperforming the S&P 500. Join Stock Advisor for the latest top 10 stock picks.

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