CaryptosHeadlines Media Has Launched Its Native Token CHT.
Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT.
Join the Airdrop at the official website,
CryptosHeadlinesToken.com
- SEC drops appeal in Ripple case, marking a significant legal victory for the company and the broader crypto industry.
- XRP’s price jumps 10% following the SEC’s decision, reflecting positive market sentiment and growing investor confidence in Ripple’s future.
Ripple CEO Brad Garlinghouse recently announced that the U.S. Securities and Exchange Commission (SEC) will drop its appeal in the ongoing legal case against the company.
The announcement, which was reported in our previous report on March 19, 2025, marks the end of a legal dispute that began in December 2020 when the SEC accused Ripple of selling XRP as an unregistered security. The legal battle, which spanned nearly four years, has had implications for Ripple and the crypto market as a whole.
This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it.
The future is bright. Let’s build. pic.twitter.com/7WsD0C92Cm
— Brad Garlinghouse (@bgarlinghouse) March 19, 2025
The SEC’s decision to drop the appeal is being hailed as a major win for Ripple, its employees, and the broader crypto industry. Garlinghouse described the moment as a “resounding victory” for Ripple and expressed gratitude towards those who supported the company throughout the lengthy legal process. In a statement shared via the social media platform X, Garlinghouse stated, “This is it, the moment we’ve been waiting for.”
The SEC’s lawsuit against Ripple alleged that the company raised over $1.3 billion by selling XRP without registering the token as a security. Ripple, however, maintained that XRP should not be classified as a security. With the SEC now dropping its appeal, it seems the case has reached its conclusion, ending one of the most high-profile legal battles in cryptocurrency.
The Role of SEC Leadership in the Resolution
Garlinghouse acknowledged the role of the SEC’s new leadership in the decision to close the case. He also credited the executive and legislative branches of the U.S. government for their efforts in seeking a more rational and constructive path forward for cryptocurrency regulation.
The Ripple CEO noted the importance of clarity and support for innovation in the crypto sector, highlighting the victory as a sign that the U.S. could once again become a leader in the crypto market.
As Ripple emerges from this legal battle, speculation about the company’s next steps is mounting. According to industry predictions, Ripple is on the verge of announcing an Initial Public Offering (IPO), potentially unlocking significant opportunities for the company. Ripple’s valuation has recently surged to $11.3 billion, and an IPO could allow the company to raise its profile even further.
Ripple has established strong partnerships with over 300 banking institutions, and experts predict that the legal victory could pave the way for even more partnerships. Some speculate that major financial institutions like Bank of America, American Express, and Santander may soon join RippleNet, expanding the company’s network and enhancing its position in the financial technology market.
XRP’s Price Surge Reflects Positive Market Sentiment
In the wake of the announcement, XRP’s price surged by over 10% in just 24 hours, reaching $2.50. The cryptocurrency’s market capitalization also saw a significant increase, standing at $145.56 billion at the time of the surge. Additionally, XRP’s 24-hour trading volume surged by 86.35%, reflecting growing investor interest after the positive news.
