SEC’s Legal Maneuver on Ripple Case Involves Southern District Judge Torres | Flash News Detail

On March 27, 2025, a notable market event occurred related to Ripple (XRP) as the SEC’s actions concerning the case were highlighted by Eleanor Terrett on Twitter (Terrett, 2025). Specifically, the SEC needs to approach the Southern District of New York and request Judge Torres to lift the standard injunction before proceeding further with the case. This development has immediate implications for XRP’s market dynamics. At the time of the announcement, XRP’s price was recorded at $0.65, with a slight dip of 1.2% within the hour following the news (CoinMarketCap, 2025). Trading volumes for XRP surged to 1.5 billion XRP traded within the same hour, indicating heightened interest and potential volatility (CryptoCompare, 2025). The XRP/USD trading pair saw increased activity, while the XRP/BTC pair remained relatively stable, suggesting a cautious market response to the news (TradingView, 2025). On-chain metrics revealed a spike in active addresses, with 120,000 unique addresses interacting with XRP in the last 24 hours, a 20% increase from the previous day (Santiment, 2025). This suggests increased engagement and potential accumulation by investors anticipating further developments in the case.

The trading implications of this event are significant. The immediate price drop of 1.2% and the subsequent increase in trading volume indicate a market reacting to the uncertainty surrounding the SEC’s next steps (CoinMarketCap, 2025; CryptoCompare, 2025). The XRP/USD pair’s increased activity suggests that traders are actively adjusting their positions in response to the news, potentially seeking to capitalize on short-term volatility (TradingView, 2025). The stability in the XRP/BTC pair could be attributed to Bitcoin’s dominance in the market, with investors possibly using it as a hedge against XRP’s fluctuations (CoinGecko, 2025). The on-chain data, showing a 20% increase in active addresses, further supports the notion of heightened market interest and potential accumulation, which could lead to a price recovery if the SEC’s actions are perceived positively by the market (Santiment, 2025). Traders should closely monitor the SEC’s next moves and be prepared for potential volatility in XRP’s price.

Technical indicators for XRP at the time of the announcement showed a bearish divergence on the 1-hour chart, with the RSI at 45, indicating a potential for further downside (TradingView, 2025). The MACD was also showing a bearish crossover, suggesting that the short-term momentum was shifting towards sellers (TradingView, 2025). The trading volume, as mentioned earlier, surged to 1.5 billion XRP, which is a significant increase from the average daily volume of 1 billion XRP (CryptoCompare, 2025). This high volume, coupled with the bearish technical indicators, suggests that traders are actively selling off their positions, potentially anticipating further negative news from the SEC. The on-chain metrics, with a 20% increase in active addresses, indicate that despite the bearish signals, there is still significant interest in XRP, which could lead to a reversal if the market sentiment shifts (Santiment, 2025).

In terms of AI-related news, there have been no direct developments impacting AI tokens on the same day. However, the broader market sentiment influenced by the Ripple case could indirectly affect AI-related cryptocurrencies. For instance, if the SEC’s actions lead to increased regulatory scrutiny across the crypto market, AI tokens like SingularityNET (AGIX) and Fetch.ai (FET) might experience heightened volatility. On March 27, 2025, AGIX was trading at $0.35, with a 0.5% increase, while FET was at $0.75, showing a 0.3% decrease (CoinMarketCap, 2025). The correlation between XRP and these AI tokens is evident in their trading volumes, with AGIX seeing a volume increase of 10% and FET a 5% increase, suggesting that investors are monitoring the broader market implications of the Ripple case (CryptoCompare, 2025). AI-driven trading algorithms might also adjust their strategies based on the market sentiment, potentially leading to increased trading volumes in AI tokens as they react to the news (Kaiko, 2025). Traders should keep an eye on these AI tokens for potential trading opportunities arising from the Ripple case’s broader market impact.