XRP isn't alone in its rise today. The market saw green across the board. That's because new data was released that shows inflation for the period was less than expected. This, more often than not, leads to a boost in investor confidence, especially for riskier assets like crypto.

XRP has once again hit a new milestone, breaking $3 for the first time in since 2018 even as the SEC filed an appeal in its case against Ripple.

The XRP price pumped more than 8% to above $3 for the first time since 2018 as Ripple chief legal officer Stuart Alderoty said the US Securities and Exchange Commission (SEC) lawsuit against the company has become “just noise.” XRP soared to as high as $3.18 in the past 24 hours, but has since pared gains to trade at $3.06 as of 3:02 a.m. EST.