- Ripple Labs and the regulator have jointly withdrawn their respective appeals.
- The resolution has boosted sentiment across the industry.
- XLM has broken through a crucial resistance level, indicating potential for continued rallies.
Digital tokens have experienced notable rallies over the past day, with the global cryptocurrency market cap rising over 3.50% to reach $3.87 trillion.
During this time, XRP and XLM have emerged as standout performers, driven by recent regulatory developments.
On August 7, the U.S. Securities and Exchange Commission (SEC) filed a joint dismissal of its lengthy case.
Following the Commission’s vote today, the SEC and Ripple formally filed directly with the Second Circuit to dismiss their appeals.
The end…and now back to business. https://t.co/nVqthNcFOt
— Stuart Alderoty (@s_alderoty) August 7, 2025
This decision concludes a nearly five-year trial that served as a substitute for regulatory clarity in the U.S. digital asset landscape.
The news has rekindled interest in transfer tokens XRP and XLM.
Ripple’s native token surged from $2.97 yesterday to $3.36 at the time of publication.
This article examines how the conclusion of the Ripple vs. SEC case might impact Stellar’s price movements in the short term.
Importance of Ripple-SEC Dismissal for XLM
To begin with, Jed McCaleb founded Stellar and co-founded Ripple.
XLM and XRP share a common goal of revolutionizing international payments.
The objective is to provide cheaper and faster alternatives for sending money globally.
The pair focuses on financial-level offerings, assisting banks with cross-border transactions.
Often, XRP and XLM show a strong correlation in price movements, especially following news or developments related to Ripple.
In light of ending its legal battles, Ripple is likely to shift focus towards building its global payment infrastructure.
This could lead to a flourishing remittance sector with renewed interest in upcoming sessions.
Such a shift may result in impressive price movements.
XLM is currently hovering around a critical area, positioning itself for notable bullish trends.
XLM Price Outlook
Stellar is one of today’s top-performing digital assets.
It has gained over 16% in the last 24 hours, rising to $0.4626.
XLM’s 24-hour trading volume spiked by over 200% the previous day, indicating strong interest in the token.
The current market price places Stellar above the significant resistance zone of $0.40 – $0.45.
A decisive close beyond this range could trigger a continuing upward trend.
Price charts support a bullish narrative for XLM.
The latest rally has propelled it out of a prolonged downtrend.
For context, Stellar struggled significantly between 2024 and mid-2025.
Recently, the price broke above the resistance trendline with substantial volumes indicating a return of buyers.
XLM has climbed from $0.36 on August 2 to intraday highs above $0.46 today.
The current outlook suggests potential further gains for the altcoin.
The cryptocurrency space is thriving on trust, which Stellar has regained following the recent Ripple-SEC decision.
Bullish traders will target an obstacle above $0.51.
Increased buying action here could fuel bullish trends towards the November 2024 peak of $0.6360.
This would imply a surge of more than 35% from XLM’s market price.
However, the $0.40 to $0.45 region remains critical in shaping Stellar’s short-term prospects.
A failure to close above this mark would delay the anticipated recovery and could prompt notable declines or consolidations.
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