Will Ripple Continue to Rise: ATH Came in a Data, Investors Are Excited!

The positive news flow specific to Ripple (XRP) was reflected in both the price and on-chain data.

With the lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC) finally over, interest in the project has also increased.

The SEC hit Ripple with just $125 million, and Ripple CEO celebrated by saying “the obstacles in front of us have been removed.”

In a post made by on-chain analysis platform Santiment on August 8, it was stated that Ripple users increased their interest and XRP assets.

Positive data for Ripple

The number of wallets holding XRP between 1-10 million increased to 7.06 billion XRP, worth $4.42 billion, an all-time high.

In addition, Ripple’s social media mentions have also climbed to their highest since January 2024. Market analysts have stated that the increased interest and the resolution of the SEC issue could trigger a continuation of the rise if market conditions allow.

With the announcement of the decision regarding the SEC case, Ripple had increased by 29%, from $0.499 to $0.643.

According to CoinGecko data, Ripple, which has increased by 20% in the last 24 hours, is trading at $0.618 at the time of writing.