Ripple's legal settlement with the US SEC could stabilize XRP's price volatility, according to software engineer Vincent Van Code. The 2023 ruling by Judge Analisa Torres determined that XRP is not a security, although past institutional sales violated securities laws. With Ripple and the SEC dropping their appeal, Ripple is restricted from selling directly to ETFs, potentially reducing sharp price fluctuations as ETFs must acquire XRP from open markets. Ripple currently holds 34.76 billion XRP in escrow, representing over 34% of the total supply, with automated monthly token releases. Despite these constraints, analysts like Chad Steingraber suggest that ETF inflows could still propel XRP to $225 per coin.