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

Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have officially ended their long-standing legal dispute, with both parties filing a joint stipulation of dismissal in the Second Circuit Court of Appeals. The move brings to a close a legal battle that lasted nearly five years and reaffirms the 2023 ruling by U.S. District Judge Analisa Torres. That decision found that XRP transactions on public exchanges do not constitute securities, while those sold to institutional investors do. Ripple was ordered to pay a $125 million penalty and comply with an injunction, and with no further appeals, the case is now final [1].

The XRP community has reacted with significant enthusiasm, with traders and investors celebrating the news as a major turning point. In the hours following the announcement, XRP surged between 5% and 13%, reaching a high of $3.36. Social media and forums were abuzz with optimism, with phrases like “to the moon,” “the end… and now back to business,” and “onward and upward” dominating the narrative [1].

Crypto analysts have also weighed in on the potential implications. According to market analyst Degen Profit, XRP is currently tracing a chart pattern similar to its 2024 trajectory, marked by initial weakness followed by a sharp upward breakout. Degen Profit has forecasted a potential 156% rally, which could push XRP toward a price of $7, provided it holds above the $2.95 support level and maintains a bullish breakout structure. XRP is currently trading at $3.33, having recently broken through key resistance levels of $2.97–$3.10 [1].

Bullish technical indicators are reinforcing this optimism. XRP is forming a bullish flag pattern with potential targets between $8 and $15. Price action remains within a symmetrical triangle, testing the upper trendline, and the token has re-crossed above its 20- and 50-period exponential moving averages (EMAs). The Bollinger Bands are expanding, and momentum readings are trending upward, all suggesting a potential breakout [1].

The legal resolution is also seen as a regulatory milestone. The conclusion of the case provides much-needed clarity on the classification of XRP, potentially enabling the development of XRP-based financial products, including spot ETFs. The 2023 ruling now stands as a legal precedent, which could shape future regulatory approaches to digital assets [1].

Ripple’s leadership has echoed the optimism. Chief Legal Officer Stuart Alderoty shared on X, “The end … and now back to business,” signaling a shift in focus from legal defense to strategic expansion. Legal observer Bill Morgan had previously predicted the case would be dismissed before August 15, and the outcome now aligns with his forecast [1].

For the XRP community, the dismissal marks both a legal and psychological victory. The removal of a major source of uncertainty rekindles hopes for broader adoption, institutional acceptance, and integration into mainstream finance. With regulatory clarity improving and technical indicators pointing higher, the stage appears set for a significant price movement [1].

[1] Source: [1] XRP Gears up for $7 Take Off as Ripple and SEC Call It Quits – XRP Army Over the Moon. (2025, July 24). Coinpaper. https://coinpaper.com/10419/xrp-gears-up-for-7-take-off-as-ripple-and-sec-call-it-quits-xrp-army-over-the-moon