XRP News Today: Ripple and SEC End Legal Battle as XRP Price Surges 11%

Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have formally concluded their nearly five-year legal battle over the classification of XRP as a security. On August 7, 2025, both parties filed a joint dismissal of their appeals with the U.S. Court of Appeals for the Second Circuit, bringing the contentious case to a definitive end [1]. The resolution came after months of settlement discussions and a series of court decisions that left Ripple with a $125 million fine—far lower than the $2 billion originally sought by the SEC [2]. The dismissal confirms that Judge Analisa Torres’ 2023 ruling stands as final, with her determination that XRP sales on public exchanges were not securities transactions remaining in effect [3].

The case, which began in 2020, centered on the SEC’s claim that Ripple raised $1.5 billion through the unregistered sale of securities by issuing XRP tokens [4]. Ripple challenged the SEC’s legal framework, arguing that XRP was not a security and that the agency had not provided clear guidelines for classifying digital assets. After a ruling in June 2025 rejecting Ripple’s motion to amend the final judgment, the company dropped its cross-appeal, leading to the joint dismissal [5].

Market participants reacted swiftly to the news. XRP surged over 11% in the 24 hours following the announcement, trading above $3.35 for the first time since the litigation began. The cryptocurrency’s market capitalization reached $199 billion, with trading volume increasing by nearly 175% to $11.66 billion [6]. Analysts attributed the rally to renewed investor confidence and speculation that XRP-based exchange-traded funds (ETFs) could gain regulatory approval in the U.S. [7]. However, legal experts caution that the dismissal does not create a binding precedent for other tokens, leaving room for future enforcement actions [8].

Ripple’s Chief Legal Officer described the joint dismissal as the “end of the case,” emphasizing the company’s intent to shift focus back to business development and international expansion [9]. The SEC’s decision to withdraw its appeal may reflect a broader strategic shift in regulatory enforcement, particularly in the wake of a more industry-friendly approach under the Trump administration [10]. The resolution highlights the potential for negotiated settlements in high-profile crypto-related legal disputes and could serve as a model for resolving similar cases [11].

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Source:

[1] Brave New Coin. [https://bravenewcoin.com/insights/ripple%E2%80%91sec-lawsuit-news-xrp-case-officially-ends-as-sec-walks-away-from-enforcement-action](https://bravenewcoin.com/insights/ripple%E2%80%91sec-lawsuit-news-xrp-case-officially-ends-as-sec-walks-away-from-enforcement-action)

[2] CaptainAltcoin. [https://captainaltcoin.com/ripple-vs-sec-case-is-finally-over-but-analyst-warns-xrp-community-bots-might-kill-the-rally/](https://captainaltcoin.com/ripple-vs-sec-case-is-finally-over-but-analyst-warns-xrp-community-bots-might-kill-the-rally/)

[3] BlockchainReporter. [https://blockchainreporter.net/sec-vs-ripple-ends-parties-file-joint-dismissal-of-appeals/](https://blockchainreporter.net/sec-vs-ripple-ends-parties-file-joint-dismissal-of-appeals/)

[4] The Cryptobasic. [https://thecryptobasic.com/2025/08/08/ripple-clo-says-its-the-end-as-ripple-and-sec-jointly-file-to-dismiss-appeal-in-xrp-lawsuit/](https://thecryptobasic.com/2025/08/08/ripple-clo-says-its-the-end-as-ripple-and-sec-jointly-file-to-dismiss-appeal-in-xrp-lawsuit/)

[5] U.Today. [https://u.today/back-to-business-ripple-reacts-to-conclusion-of-legal-battle-with-sec](https://u.today/back-to-business-ripple-reacts-to-conclusion-of-legal-battle-with-sec)

[6] dlnews.com. [https://www.dlnews.com/articles/regulation/xrp-price-jump-11-as-sec-ripple-formally-dismiss-appeals/](https://www.dlnews.com/articles/regulation/xrp-price-jump-11-as-sec-ripple-formally-dismiss-appeals/)

[7] Coinpedia. [https://coinpedia.org/news/ripple-vs-sec-lawsuit-over-heres-what-happens-after-appeals-dropped/](https://coinpedia.org/news/ripple-vs-sec-lawsuit-over-heres-what-happens-after-appeals-dropped/)

[8] Coinpedia. [https://coinpedia.org/news/ripple-sec-lawsuit-ends-but-xrp-drama-erupts-over-security-claims/amp/](https://coinpedia.org/news/ripple-sec-lawsuit-ends-but-xrp-drama-erupts-over-security-claims/amp/)