Ripple legal win steadies XRP confidence

XRP found firmer footing after a US federal appeals court dismissed a long-running class action against Ripple, easing regulatory overhangs and supporting a steadier price tone.

The Ninth Circuit on Jan. 27 threw out the Sostack v. Ripple Labs lawsuit as time-barred, removing another legacy legal risk separate from Ripple’s earlier settlement with the US Securities and Exchange Commission.

Following the ruling, XRP traded largely flat near $1.91 on Jan. 28, reflecting a consolidation phase rather than renewed volatility as investors digested the legal clarity.

Price action shows XRP moving sideways after rebounding from lows in the low $1.80s, with repeated failures to hold above resistance near the $1.93–$1.94 zone.

Technical indicators point to neutral momentum, with the relative strength index near 51, compressed Bollinger Bands, and price hovering around key short- and long-term moving averages.

Alongside the court decision, Ripple has launched Ripple Treasury, a corporate platform allowing enterprises to manage fiat and digital assets, including the RLUSD stablecoin, in a single system.

The dismissal adds to a growing perception that XRP’s major legal hurdles are largely resolved, supporting confidence that adoption tied to real-world settlement use cases can progress as the token consolidates.

At the time of reporting, XRP price was $1.91.