XRP News Today: Ripple Wins as SEC Withdraws Lawsuit XRP Not a Security

The legal battle between Ripple and the Securities and Exchange Commission (SEC) over the cryptocurrency XRP is approaching its conclusion, with far-reaching implications for the future of XRP and the broader cryptocurrency market. After years of legal proceedings, the SEC officially withdrew its lawsuit against Ripple in March 2025, marking the end of a five-year legal dispute. This development comes as Ripple and the SEC jointly requested the court to revise penalties and injunctions, indicating that the long-running lawsuit may finally be resolved.

The withdrawal of the lawsuit by the SEC is a significant victory for Ripple and its supporters. The legal battle has been contentious, with Ripple arguing that XRP is not a security and should not be subject to SEC regulations. The SEC, however, has maintained that XRP is a security and that Ripple should be held accountable for its sale. The resolution of this case could set a precedent for how other cryptocurrencies are regulated in the future.

On June 16, Ripple and the SEC jointly agreed to pause their appeals, which indicated that a final resolution is likely just around the corner. As part of the motion, Ripple would see the injunction against it dissolved and its civil penalty reduced to just $50 million, with the rest of the proposed fine returned. This was a clear sign that Ripple won, and the institutions are also starting to take note. With the next update due by August 15, XRP’s major rally may be on hold until then. Judge Torres is expected to give a final ruling, likely confirming that XRP is not a security. If that happens, institutions waiting on the sidelines will finally be free to enter.

At the same time, spot XRP ETF is now in its public comment phase. With strong legal momentum and rising demand, the odds of approval are now at 91%. Analysts rate the odds of an XRP spot ETF being approved at 95%. With everything falling into place, XRP looks ready for a big bull run. Analyst Dark Defender also says that XRP is still on track. The $1.88 support level has held up perfectly, as expected. XRP still follows its bullish Wave 5 pattern, and a larger breakout may follow.

Analyst EGRAG Crypto recently shared that XRP is repeating a historical pattern, which has triggered major rallies in past cycles. After hitting $3.40 in January and pulling back to $1.61 in April, XRP is now retesting this key area. Based on past trends, the analyst predicts a breakout with targets at $11.50, $27, or even $42, depending on how strong the next rally is. XRP has a strong history of July rallies. Past years show a pattern of weak Q2s followed by big Q3 rebounds. XRP is currently trading at $2.02, and if history repeats, July could trigger the next major surge.

Despite the optimism, there are still challenges ahead for XRP. Legal expert Bill Morgan has clarified that it is Ripple, not the SEC, causing the recent delays in the case. This has led to growing frustration among XRP supporters, who are eager for a resolution to the legal battle. However, the recent developments suggest that the end of the legal battle is in sight, and that XRP could emerge stronger as a result.

The resolution of the Ripple vs. SEC case could have far-reaching implications for the cryptocurrency market. If XRP is deemed not to be a security, it could pave the way for greater regulatory clarity and acceptance of cryptocurrencies. This could lead to increased investment in the cryptocurrency market and greater adoption of cryptocurrencies as a means of payment and store of value. However, if XRP is deemed to be a security, it could lead to greater regulation of the cryptocurrency market and increased scrutiny of other cryptocurrencies.

In conclusion, the Ripple vs. SEC case is entering its final chapter, with significant implications for the future of XRP and the broader cryptocurrency market. The withdrawal of the lawsuit by the SEC is a major victory for Ripple and its supporters, and could pave the way for greater regulatory clarity and acceptance of cryptocurrencies. However, there are still challenges ahead, and the resolution of the case will be closely watched by the cryptocurrency community.