XRP News Today: Ripple and SEC End Legal Battle XRP Rises 3.2%

Ripple and the U.S. Securities and Exchange Commission have formally ended their five-year legal battle by jointly dismissing all outstanding appeals. This resolution, first anticipated in recent months, was finalized with no further legal action planned, effectively closing the case [1]. Ripple CEO Brad Garlinghouse announced the company’s decision to withdraw its cross-appeal, with the SEC expected to follow suit, as both parties filed the necessary paperwork with the court [2]. The conclusion of the lawsuit removes a long-standing cloud of uncertainty around XRP’s regulatory status and marks a key milestone in the evolution of crypto regulation in the U.S. [3].

The market reacted swiftly to the news, with XRP prices rising approximately 3.2% to a high of $3.08 shortly after the announcement [4]. Analysts have attributed the modest but positive movement to growing investor confidence in Ripple’s legal clarity and the broader institutional interest in XRP as a tool for fast, low-cost cross-border payments [5]. While the price did not surge dramatically, the stabilization above the $3.05 level suggests a potential floor for short-term price action, with some analysts noting that the $3.30 and $3.55 levels could be next targets if market sentiment remains bullish [6].

At the same time, the cryptocurrency market is witnessing a surge in Ethereum purchases, particularly from U.S.-listed companies seeking to emulate the strategy pioneered by MicroStrategy’s CEO Michael Saylor. In a notable development, Fundamental Global Inc. has received SEC approval for a $5 billion multi-tranche securities offering, the proceeds of which will largely be allocated toward Ethereum acquisitions [7]. This move is expected to significantly increase the amount of ETH held by institutional entities, pushing the total value of corporate ETH reserves from $10 billion to $15 billion [8].

The trend is part of a broader shift in corporate strategy, with companies recognizing the potential for cryptocurrency to serve as both a financial reserve and a strategic asset. This aligns with recent regulatory developments, such as the approval of 401(k) plan access to cryptocurrencies by former U.S. President Donald Trump, which could unlock up to $90 billion in new capital for Bitcoin [9]. While Bitcoin is the primary beneficiary of that development, the broader market enthusiasm has also benefited Ethereum and other major tokens.

The combination of the Ripple lawsuit resolution, increased Ethereum purchases, and regulatory developments is creating a positive backdrop for the cryptocurrency market. Ripple’s acquisition of Rail, a stablecoin payments firm, has also contributed to its growing institutional appeal, suggesting a broader role in the global payments landscape [10]. Meanwhile, the legal precedent set by the Ripple-SEC case could influence future court rulings on digital assets, offering a clearer framework for how tokens might be classified under U.S. securities laws [11].

As the dust settles on the Ripple-SEC case and more companies move to acquire Ethereum, the market appears to be entering a new phase of institutional adoption. However, the long-term implications will depend on how regulatory frameworks continue to evolve and whether market participants can sustain the current levels of optimism and investment.

Source:

[1] Ripple and SEC Agree to Dismiss Appeals Ending XRP Lawsuit (https://coincentral.com/ripple-and-sec-agree-to-dismiss-appeals-ending-xrp-lawsuit/)

[2] XRP Lawsuit Ends as Ripple and SEC File Joint Dismissal (https://coingape.com/xrp-lawsuit-ends-as-ripple-and-sec-file-joint-dismissal/)

[3] XRP Regains Perch Above $3 As Crucial Date In Ripple vs SEC Case Approaches (https://zycrypto.com/xrp-regains-perch-above-3-as-crucial-date-in-ripple-vs-sec-case-approaches/)

[4] SEC Battle Intensifies as XRP Adoption Surges Globally (https://www.cointribune.com/en/xrp-adoption-surges-as-ripple-faces-sec-battle/)

[6] Lawyer Predicts XRP Lawsuit Dismissal More Likely To Happen Than Not Before August 15th (https://coingape.com/lawyer-predicts-xrp-lawsuit-dismissal-more-likely-to-happen-than-not-before-august-15th/)

[7] Expert Says XRP Not Priced In for SEC Ripple Case Conclusion (https://thecryptobasic.com/2025/08/06/expert-says-xrp-not-priced-in-for-sec-ripple-case-conclusion/)

[9] Bitcoin vs. XRP: Which Offers Better Long-Term Value in a Shifting Crypto Landscape (https://www.ainvest.com/news/bitcoin-xrp-offers-long-term-shifting-crypto-landscape-2508/)