XRP News: Ripple’s SEC Case May Lead to XRP Reclassification and Reduced Fine

In a potential turning point for Ripple and its native cryptocurrency XRP, recent developments in Ripple’s five-year legal battle with the US Securities and Exchange Commission (SEC) suggest that the digital asset could soon be reclassified as a commodity. Moreover, there is a possibility that any fine imposed on Ripple could be significantly reduced or even waived entirely.

Ripple’s SEC Case May Reclassify XRP as Commodity with Reduced Fine

Ripple’s long-running legal battle with the US Securities and Exchange Commission (SEC) is reportedly nearing its conclusion. Sources within the agency claim that negotiations involving the five-year court case could reclassify XRP as a commodity. Additionally, if terms are renegotiated, the fine imposed on Ripple in late 2024 may be greatly reduced or even eliminated entirely, as payment of a fine is considered an agreement of guilt.

Ripple (XRP) Price May Drop 30% in March; Mutuum Finance (MUTM) Expected to 10x by April 2025

Ripple (XRP) is at risk of a significant price drop in March, with bearish signals mounting in derivatives and spot markets. Data from Coinglass shows the coin’s funding rate has declined, indicating an increase in short positions. In contrast, Mutuum Finance (MUTM) is attracting attention with its presale nearing Phase 4, having raised $3.5 million in funding. Phase 3 tokens priced at $0.02 sold out quickly among 5,800 holders.

How High The XRP Price Would Be If It Flips Ethereum’s Market Cap

Recent data has shown that the XRP price could reach as high as $3.94 if it flips Ethereum’s market cap, marking a new all-time high for the asset. Flipping ETH’s market cap would also make XRP the second largest crypto by market cap. Currently, XRP occupies the number four spot with a market cap of $135 billion while ETH boasts a market cap of $227 billion.

Ripple’s Trademark Filing Sparks Speculation on Crypto Custody Expansion

Ripple has applied for a new trademark on February 25, sparking speculation about its potential expansion into crypto custody services. The accompanying statement suggests that the trademark will apply to downloaded software, financial services, peer-to-peer network computer services, and cloud software that can be used for the custody, storage, and transmission of cryptocurrencies and fiat currencies. Specifically, the statement mentions custodial services for maintaining storage and possession of cryptocurrency, fiat currency, virtual currency, and digital currency for financial management purposes.