XRP Soars as Ripple CEO Declares Legal Battle Over: ’Chapter Closed’ on Landmark Case
XRP bulls charge as Ripple slams the gavel on regulatory uncertainty.
The crypto asset surged after CEO Brad Garlinghouse announced the company won't appeal its partial SEC victory—effectively ending a four-year legal saga that's been hanging over the token like a bad NFT investment.
Market reacts to regulatory clarity (finally)
Traders piled in as the news broke, with XRP outperforming majors. Turns out markets love certainty—who knew? The move comes after Ripple scored three partial wins in court, though the SEC somehow still claims this as a 'warning shot' to the industry.
Legal limbo lifted
With the threat of further appeals removed, exchanges are breathing easier about listing XRP. Several had delisted the token during the lawsuit's darkest days—back when regulators thought they could dictate crypto's entire future through enforcement actions.
One cynical observer might note that nothing actually changed about XRP's technology today—just the legal risk premium. But in crypto, that's sometimes all it takes.
Legal certainty drives XRP price action
Crypto lawyer John E Deaton responded to the announcement by noting the immediate market impact. “And then it ended,” Deaton wrote, referring to the conclusion of the legal proceedings that have overshadowed XRP trading since 2020.
XRP (XRP) had traded as low as $2.07 in the 24-hour period before the announcement, making the rally to $2.20 particularly notable for traders who had positioned for legal clarity.
Popular XRP advocate CrediBULL Crypto expressed Optimism about the development, responding, “Lock in. It’s gonna be a fun ride :)” to Garlinghouse’s announcement. However, the analyst faced accusations of paid promotion from skeptical users.
CrediBULL crypto defended his position by highlighting XRP’s established market position. “A coin that has been in the Top 3 for years and is also one of the first 3 crypto coins ever created doesn’t need to pay influencers to shill it,” he responded to critics.
A coin that has been in the Top 3 for years and is also one of the first 3 crypto coins ever created doesn’t need to pay influencers to shill it lol.
If you’re looking for paid shills the meme coin market is full of them, just pick a random ticker and odds are there’s a number… https://t.co/5mqKmFPlbn
The analyst contrasted XRP’s legitimacy with the meme coin sector, noting he has received “500+ offers to shill memes for money” but chooses to focus on established cryptocurrencies instead.”
The end of appeals removes the final source of regulatory uncertainty that has affected XRP’s institutional adoption and exchange listings. Several major exchanges had delisted or restricted XRP trading during the period of litigation.
At last check Saturday, Ripple was trading at around $2.20. See below.
XRP rallied back in April after Ripple agreed to a $50 million settlement with the SEC, concluding a years-long lawsuit over unregistered securities sales. The case, filed in 2020, saw a partial court win for Ripple in 2023, and the company is now reclaiming most of the $125 million it had set aside for penalties.
Garlinghouse credited the shift in U.S. political leadership, as the TRUMP administration’s SEC dropped several crypto-related lawsuits (i.e., Coinbase, Gemini, Uniswap) following industry donations, including millions from Ripple.
Critics call it crypto cronyism, while supporters view it as a move toward clearer regulation. With legal uncertainty behind it, Ripple is ramping up growth—acquiring Hidden Road for $1.25 billion and launching a NYDFS-approved stablecoin.
