On August 22, 2025, the US Court of Appeals dismissed the SEC's lawsuit against Ripple, which is widely discussed in the crypto community.
Impact on XRP Sales
According to the ruling, secondary sales of XRP are not classified as securities; however, Ripple will face a penalty of $125 million for institutional sales. This decision could boost trading volumes of XRP among retail investors and encourage new offerings from crypto exchanges.
Broader Implications for the Crypto Market
This ruling may provide a boost to other altcoins like Solana and Litecoin by offering clearer market definitions and reducing regulatory risks for cryptocurrencies. Given current market trends, this may positively affect XRP trading volumes.
Expert Opinions
Ripple's CEO Brad Garlinghouse described the dismissal of the case as a win for the entire crypto industry. Attorney James K. Filan remarked that "The Second Circuit has approved the Joint Stipulation of Dismissal."
The dismissal of the SEC's lawsuit against Ripple has significant implications not only for XRP but for the entire crypto market, setting precedents for future regulation and trading.
