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Ripple Drops Counter-Appeal in SEC Case, Stabilizing XRP Trading

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by Giorgi Kostiuk

4 hours ago

Ripple has decided to drop its counter-appeal in the ongoing case against the SEC, marking an important step in resolving the dispute.

Closure of SEC Case

In late June 2025, Ripple CEO Brad Garlinghouse announced that the company has withdrawn its counter-appeal in the ongoing case with the SEC. This decision highlights Ripple's intent to conclude legal proceedings related to XRP's status.

Impact on XRP and the Market

Ripple's withdrawal from the counter-appeal may lead to stabilizing trading conditions for XRP and enhance investor confidence. Legal expert Bill Morgan noted that the agreement to maintain the substantive ruling made by Judge Torres in July 2023 is a significant aspect.

Reactions and Future of XRP

Market reactions have been optimistic, with expectations of positive changes in XRP trading. Increased liquidity and improved regulatory clarity could contribute to a favorable market environment.

Thus, the conclusion of the lawsuit with the SEC opens new horizons for Ripple and XRP trading conditions, creating a more confident market for investors.

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