XRP surged over 10% as the cryptocurrency market experienced a wave of optimism following the resolution of the SEC's long-standing case against Ripple. The altcoin rallied to $3.32, while Stellar (XLM) and Chainlink (LINK) also posted significant gains, jumping to $0.46 and $19.22 respectively. The overall market capitalization of cryptocurrencies increased to $3.89 trillion, reflecting a broader surge as various altcoins, including Sui and Cardano, gained 8.1% and 7.2%. This positive momentum was attributed not just to the end of the legal disputes but also to regulatory clarifications from the SEC regarding staking which contributed to bullish market sentiment. Analysts speculated that sustained positive news could lead XRP to target upward of $5 within the next few months, contingent on continued market support. The SEC's formal cessation of their appeal marked a pivotal moment, clearing the way for greater institutional involvement as Trump’s executive measures favor cryptocurrency adoption in retirement plans took effect.

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