XRP experienced a significant price rally following Ripple CEO Brad Garlinghouse's announcement that the company is withdrawing its cross-appeal against the U.S. Securities and Exchange Commission (SEC). This decision marks the definitive conclusion to one of cryptocurrency's most prominent legal disputes.
Key Developments
- End of Legal Battles: The SEC is expected to drop its own appeal, paving the way for XRP's full reintegration into institutional markets and major exchanges.
- CEO's Statement: Garlinghouse emphasized moving forward: "We're closing this chapter once and for all, and focusing on building the Internet of Value."
- Market Reaction: XRP jumped from $2.07 to $2.20 within 24 hours post-announcement.
Legal Clarity Fuels XRP Momentum
Crypto attorney John E Deaton noted the immediate market impact, declaring "And then it ended"—referring to the resolution of legal uncertainties plaguing XRP since 2020.
👉 Why XRP's legal victory matters for crypto regulation
Community Reactions
Prominent XRP advocate CrediBULL Crypto faced accusations of paid promotion but countered:
"A coin that's been Top 3 for years doesn’t need influencers to shill it. The meme coin sector is where you’ll find paid promotions."
Institutional Adoption Outlook
With regulatory hurdles cleared:
- Major exchanges that previously delisted XRP may reinstate trading
Ripple can focus on strategic expansions, including:
- Its $1.25B acquisition of Hidden Road
- Launch of a NYDFS-approved stablecoin
Historical Context
- April 2025 Settlement: Ripple agreed to a $50M SEC settlement regarding unregistered securities sales
- 2023 Partial Victory: A court ruling favored Ripple's position on certain XRP transactions
- Political Influence: Garlinghouse credited policy shifts under new U.S. leadership for favorable regulatory outcomes
👉 How Ripple's case reshapes crypto compliance
FAQ Section
Q: What does dropping the cross-appeal mean for XRP?
A: It removes the last major legal uncertainty, enabling broader exchange listings and institutional adoption.
Q: Will the SEC continue pursuing other crypto cases?
A: The SEC has recently dropped several high-profile cases (Coinbase, Gemini, Uniswap), signaling potential policy shifts.
Q: How might this affect XRP's long-term price?
A: With regulatory clarity, analysts anticipate improved market confidence and investment inflows.
Market Data
At press time, XRP traded at $2.20, demonstrating strong recovery momentum. Industry watchers now await:
- Confirmation of SEC's appeal withdrawal
- Announcements from exchanges regarding XRP relisting
- Ripple's next strategic moves in payments and stablecoins