Ripple and SEC End Legal Dispute, XRP ETF Speculation Rises

Ripple and the US Securities and Exchange Commission (SEC) have concluded their legal dispute, filing a joint dismissal of all remaining appeals. This ends a lawsuit that began in December 2020.

Key Developments

  • The SEC's decision to drop its appeal followed an internal vote by Commissioners.
  • Judge Analisa Torres' ruling remains effective: XRP is not classified as a security in retail transactions.
  • Ripple will pay $50 million to the SEC, reduced from $125 million.
  • The injunction against Ripple stays in effect, allowing the company to expand operations in the US.

ETF Prospects Increase

  • Nate Geraci suggests BlackRock may pursue an iShares XRP ETF now that legal clarity has been achieved.
  • Polymarket’s prediction odds for an XRP ETF rose to 88% after concerns about SEC Commissioner Caroline Crenshaw's voting record.

Ripple's Acquisition

  • Ripple announced a $200 million acquisition of Rail, enhancing its RLUSD stablecoin project.
  • The deal integrates Rail’s features with Ripple’s payout network and regulatory licenses.
  • Pending regulatory approval, the acquisition is expected to close in Q4 2025.

XRP Market Reaction

  • XRP price increased by 11.51% within 24 hours, trading at $3.34.
  • $3.33 is identified as a key resistance level; sustained trading above it could lead to a rally towards $4.
  • XRP is currently 13.13% below its all-time high of $3.84.
  • Over the past year, XRP has yielded returns of 450%.