XRP News Today: Ripple and SEC Seek Court Dismissal XRP Rises 11% on Legal Progress

Ripple has demonstrated resilience in the wake of a major development in its protracted legal dispute with the U.S. Securities and Exchange Commission (SEC). On August 15, 2025, Ripple and the SEC submitted a joint status report to the appeals court requesting the case be dismissed, a move that signals a significant turning point in the years-long litigation [2]. The filing comes after the two parties reached a mutual agreement to end the lawsuit, pending formal court approval [1]. This case, which originally accused Ripple of raising $1.3 billion by offering XRP as an unregistered security, has been a central point of regulatory scrutiny since 2020. Ripple has consistently maintained that XRP is not a security and does not fall under U.S. securities law.

The market reacted swiftly to the news, with XRP’s price stabilizing around $3.12 following a strong 11% increase [3]. This resilience was particularly notable amid broader market weakness, including a drop in the U.S. Producer Price Index (PPI) on Friday, which led to a wider selloff. Despite the volatility, XRP’s ability to hold above the critical $3 support level reinforced investor confidence in the short-term outlook. A further 3.88% drop to $3.13 occurred briefly following the SEC’s decision to appeal part of the settlement, illustrating the continued sensitivity of the token to regulatory developments [4].

Technically, XRP has maintained a golden crossover pattern, with the 5, 8, and 13-day moving averages converging above the current price. The RSI stands at 51.28, near the neutral threshold, while increasing buying volume supports further upward movement. Analysts have identified key resistance levels at $3.20 and $3.35, suggesting the potential for a rally toward $3.65 if these levels are surpassed [1]. However, a break below $3 could trigger a pullback toward $2.50, highlighting the fragile balance between bullish and bearish momentum.

The resolution of the SEC-Ripple case aligns with broader shifts in the regulatory landscape. The SEC has reportedly settled or dropped several high-profile enforcement actions under new leadership, raising questions about its evolving enforcement priorities [6]. Meanwhile, Ripple’s withdrawal of its own appeals underscores the likelihood that the legal battle is nearing its conclusion [7]. This development has been welcomed by institutional investors, many of whom view the July 2023 partial court victory as a milestone in reducing regulatory uncertainty and enhancing the token’s appeal [5].

In addition to the legal developments, Ripple announced a $125 million settlement in early August 2025, marking a significant step toward resolving the dispute and allowing the company to redirect focus toward expanding its cross-border payment solutions [8]. Analysts have pointed to Ripple’s institutional adoption and utility in global payments as key long-term drivers of XRP’s value, despite the lingering legal uncertainties. Some market observers have speculated that XRP could climb to $3.80 in the near term, though such forecasts remain unconfirmed and should be treated as indicative rather than definitive [5].

The Ripple-SEC case has had a profound impact on the cryptocurrency market, with regulatory clarity increasingly viewed as a critical factor in attracting institutional capital. As the final court approval for the dismissal remains pending, investors remain cautiously optimistic, balancing the potential for resolution with the risk of regulatory reversal. The broader implications for the crypto market are clear: legal certainty is essential for long-term growth, and Ripple’s ability to navigate this challenge may serve as a model for other firms seeking to operate in the evolving regulatory environment [1].