The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has come to an official end. Both parties have agreed to dismiss their appeals.
Closure of the Ripple vs SEC Case
On August 7, 2025, a joint document was filed indicating that both parties have agreed to withdraw their appeals with the U.S. Court of Appeals for the Second Circuit. The SEC is dropping its appeal against Ripple Labs, and Ripple is also withdrawing its cross-appeal. According to the filing, 'each party will bear its own costs and fees,' signaling the complete end of litigation.
Market Reaction to Ripple News
The price of XRP reacted immediately, showing a short-term spike of 12%. However, some analysts caution against optimism, arguing that the rally could be artificial. Vincent van Code, a popular crypto analyst, expressed cautious optimism, noting that sharp rallies are often corrected by arbitrage bots.
Future of XRP and Market Position
Van Code remains bullish in the mid-term, suggesting that XRP could reach four dollars in the coming days. However, he emphasizes that growth will depend on adoption, partnerships, and on-chain utility, rather than just speculative hype.
With the conclusion of the legal battles, XRP finds itself in a stronger market position. Investors can breathe easier now that one of the largest legal clouds in cryptocurrency history has cleared.
