XRP News Today: Ripple and SEC End Legal Battle XRP Surges 13% on Dismissal

Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have officially closed their nearly five-year legal battle on August 7, 2025, after both parties filed a joint stipulation of dismissal with the U.S. Court of Appeals for the Second Circuit [1]. The resolution brought a definitive end to one of the most closely watched legal cases in the cryptocurrency industry, which had raised key questions about the classification of digital assets as securities [1].

The dispute began in December 2020, when the SEC sued Ripple, its CEO Brad Garlinghouse, and co-founder Chris Larsen, alleging that the company conducted an unregistered securities offering by selling XRP [1]. The case saw a series of appeals and counter-appeals, with legal costs running into millions of dollars. In 2023, U.S. District Judge Analisa Torres ruled that most of Ripple’s XRP sales did not meet the legal definition of a security, though she found that tokens sold to institutional investors did [1]. This led to a $125 million fine, a fraction of the $2 billion the SEC had initially sought [1].

Following the dismissal of appeals, Ripple’s chief legal officer, Stuart Alderoty, stated, “The end…and now back to business,” signaling the company’s focus on resuming operations without the legal cloud that had long overshadowed it [1]. The resolution has been widely seen as a pivotal moment in the regulatory evolution of the crypto industry, particularly regarding the enforcement approach adopted by the SEC under former Chair Gary Gensler [1].

The legal clarity brought by the settlement had an immediate impact on the market. XRP’s price surged over 13% on the day of the announcement, reaching $3.36 [1]. The token had previously hit a high of $3.6606 in July after Ripple dropped its cross-appeal [3], and it has since recovered from an August 3 low of $2.77 [1]. XRP is now trading close to its all-time high of $3.65, within 7.7% of that level [1].

The XRP community celebrated the development on social media, with many expressing optimism about the future of the asset [1]. Analysts have noted that the resolution could serve as a precedent for other crypto projects facing similar regulatory scrutiny [1]. However, the SEC’s silence on future enforcement actions has led to some caution among market participants [3].

With the case now closed, the dismissal is expected to remove lingering legal uncertainties surrounding XRP and could open the door to increased institutional interest [5]. The outcome marks a significant milestone in the ongoing evolution of cryptocurrency regulation and may influence how digital assets are treated in the regulatory landscape moving forward [1].

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Sources:

[1]title1.............................(https://cryptopotato.com/xrps-price-skyrockets-by-13-as-ripple-and-sec-drop-court-battle/)

[2]title2.............................(https://cryptorank.io/news/feed/fd5d8-xrp-reaching-4-80-possible-with-key-support)

[3]title3.............................(https://m.facebook.com/manuel.guevarra.369210/photos/ripple-dropped-its-cross-appeal-lifting-xrp-to-a-july-high-of-36606-amid-hopes-f/739044969008714/)

[4]title4.............................(https://cryptonews.com/news/perplexity-ai-predicts-the-price-of-xrp-solana-and-cardano-by-the-end-of-2025/)

[5]title5.............................(https://m.economictimes.com/crypto-news-today-live-08-aug-2025/liveblog/123173392.cms)