Ripple vs SEC: Landmark XRP Lawsuit Reaches Final Closure as Both Sides Drop Appeals
The crypto industry just witnessed a seismic shift—Ripple and the SEC have officially ended their three-year legal battle by mutually dropping all appeals.
No more appeals. No more uncertainty. The XRP saga is finally over.
What this means for crypto
The resolution removes a major regulatory cloud hanging over XRP—clearing the way for exchanges to relist it without fear and institutional players to finally engage. Market reaction? A 12% intraday pump before settling (because Wall Street algos love drama).
The cynical take
Funny how regulators spent millions fighting a war they couldn’t win—while retail traders kept stacking XRP at discount prices. Another L for the suits.
One thing’s certain: this sets a precedent. Next time the SEC comes knocking, crypto projects won’t roll over—they’ll fight back.
XRP Surges as Lawsuit Ends, Fueling ETF Approval Hopes
XRP’s price jumped over 4% immediately after the announcement, trading around $3.36, up more than 13% in 24 hours, according to CoinMarketcap. Analysts say the ruling boosts the odds of a spot XRP exchange-traded fund (ETF) being approved. Bloomberg ETF analyst Eric Balchunas maintains a 95% approval chance this year.
Ripple’s Chief Legal Officer, Stuart Alderoty, called the outcome “the end” and signaled a return to business as usual for the company.
The closure of the case marks one of the most significant wins for a crypto firm in U.S. history, with ripples likely to be felt across the global digital asset market.
Also Read: Analyst Target xrp price $4 as SBI Files for XRP ETF