XRP prices jumped by 7-8% following a significant development in the ongoing litigation between the SEC and Ripple. With the SEC dropping its appeal, XRP has witnessed notable on-chain activity, including increased whale accumulation. Market observers interpret this development as a bullish signal for XRP, indicating a potential turnaround for the token’s fortunes. Many traders have expressed renewed confidence in XRP following this news. Investors are closely watching network activity and the broader implications for Ripple and XRP as the market reacts positively.