XRP News Today: Ripple SEC Case Update and Whale Activity, What Next?

According to CoinMarketCap , XRP price is trading at $2.08, up slightly by 0.11% over the last 24 hours. While the altcoin gain more than 4.61% over the last week, it is now in a consolidation phase.

Source: CoinMarketCap

Investors are asking themselves—why is XRP falling today, despite significant news such as settlement discussions in the Ripple-SEC case

XRP Court Case Update Today: A Potential Turning Point

Ripple and the U.S. Securities and Exchange Commission (SEC) are finally negotiating a possible settlement. On April 10, the two sides jointly filed a legal statement indicating they wish to suspend appeals and attempt to settle the long-pending legal case. Ripple was also exempted from filing a response to the SEC's earlier filing, which was due on April 16. This is a significant step in the right direction, indicating that both sides are eager to conserve time and effort.

One explanation for this unexpected change may be the recent selection of Paul Atkins, a crypto-friendly individual, as the new SEC Chair on April 9. Many believe that Atkins might guide the agency in a more positive direction for the crypto sector.

Crypto commentator John Squire opined that this is not merely a standard legal update. He noted significant wallet movements and trading activity, suggesting that institutions may already be gearing up for a settlement.

If a final agreement is struck, it would remove legal ambiguity surrounding the altcoin and potentially pave the way for a future XRP ETF. Investment companies such as Bitwise, Grayscale, and ProShares have already expressed interest in XRP-based financial products.

Whale Sell-Off & US-China Trade Tensions Drive XRP Price

In addition to the legal news, whales, or big token holders, have been disposing of huge quantities. According to Ali Martinez, between April 1 and April 14, wallets containing 100M to 1B XRP decreased their holdings by more than 370 million tokens—going from 9.45 billion to 8.68 billion.

Source: X

Such a large dump, particularly between April 4 and April 9, put added pressure on the coin's price. Interestingly, even with this dump, the coin price bounced from $1.73 to $2.14 by April 14. This suggests smaller investors may be accumulating the coin while whales exit.

At the same time, global trade tensions are also having an indirect impact. The ongoing US-China tech war has affected top companies like Nvidia, whose shares dropped after revealing a $5.5 billion loss due to new U.S. export rules. Such geopolitical moves hurt market confidence overall, especially for risk assets like crypto coins.

XRP Price Prediction : What Next?

As per the TradingView chart , the altcoin is holding above $2.08, recovering slightly from a dip to $2.04. The short-term resistance lies at $2.09 and $2.13, with a small chance of hitting $2.15 if momentum builds. On the downside, a drop below $2.04 could push it toward the $2.00 mark again.

Source: TradingView

But will XRP reach $10? That would mean nearly a 400% increase from the current price. It’s not impossible, but it would need some big events:

• A complete and favorable settlement in the Ripple-SEC case

• Approval of an XRP ETF backed by institutions

• A strong, long-lasting crypto bull run

• Broader adoption by banks and financial platforms

If the market stays bullish and the coin grows steadily by around 15–20% monthly, reaching $10 could happen in the next 12 to 18 months. But without a strong catalyst, it may take longer—possibly into late 2026.

Conclusion

Its price is facing some short-term pressure due to whale sell-offs and global market fears. However, the ongoing settlement talks with the SEC and ETF rumors could be game changers for the token. Whether the altcoin can reach $10 depends on legal clarity, market sentiment, and broader crypto adoption. For now, all eyes remain on Ripple’s next move in court and the reaction from institutional players.