On March 19, 2025, Ripple CEO Brad Garlinghouse announced that the SEC would drop its appeal against Ripple, leading to a notable rise in XRP’s value.
SEC Withdrawal Ends Ripple's Legal Battle
The U.S. Securities and Exchange Commission (SEC) has decided to drop its appeal against Ripple. This decision concludes a protracted legal battle over the classification of XRP.
XRP Reaches $2.56 After SEC Decision
The latest price data indicates that XRP is currently trading at $2.56, with a notable increase in value. Analysts suggest that this trend aligns with previous market movements, reinforcing historical price patterns for Ripple's asset.
Ripple Case Joins Notable Regulatory Precedents
The Ripple and SEC legal confrontation is reminiscent of other landmark regulatory cases. Analysts see data-driven growth, with positive projections based on Ripple’s strengthened legal position.
The SEC's withdrawal of its appeal marks a significant achievement for Ripple and the broader cryptocurrency industry, affirming XRP's market position.
