XRP News Today: XRP Excluded From Forbes SEC Securities List Amid Legal Closure

XRP supporters, often referred to as the XRP Army, have responded positively to Forbes' recent release of a list categorizing digital assets deemed "alleged SEC securities" by market capitalization. Notably, XRP was omitted from the list, a development that has been interpreted by the community as a significant shift in the token's regulatory perception[1].

Prominent market observer Xaif highlighted the absence of XRP on Forbes’ list, emphasizing its symbolic importance for XRP holders[1]. The exclusion is seen as an indication that data providers and, by extension, the broader market, are beginning to view XRP not as a security but as a utility token[1]. This sentiment is echoed in community discussions, where many have pointed out that the omission reflects a growing acceptance of XRP’s classification as a functional digital asset rather than a speculative or regulated security[1].

The absence of XRP aligns with recent legal developments in the Ripple-SEC case, which had cast a long shadow over the token since December 2020. A key milestone came in July 2023 when Judge Analisa Torres ruled that XRP itself is not a security when traded on secondary markets[1]. By June 2025, the legal battle had reached a critical juncture: Ripple and the SEC had attempted to settle on penalties, but the judge rejected their joint request. Shortly thereafter, Ripple’s CEO confirmed that the company would withdraw its counter-appeal, with the SEC expected to follow suit[1]. By early August 2025, the appeals process was effectively closed, leaving the final judgment intact and bringing the multi-year legal dispute to a definitive end[1]. These legal outcomes have contributed to a more favorable regulatory environment for XRP.

The implications for the market are notable. XRP holders are increasingly viewing the token not as a high-risk legal asset but as a legitimate large-cap cryptocurrency with real-world utility in cross-border payments and settlement solutions. Institutional interest has grown, and retail confidence appears to be on the rise. While analysts caution that the exclusion from a data provider's list does not constitute a legal ruling, the perception shift is clear[1]. For the XRP Army, this omission represents a symbolic victory and reinforces the belief that XRP has overcome one of its most persistent regulatory challenges[1].

Community members have taken to social media to celebrate what they see as a turning point in XRP's journey. The omission from Forbes’ list is being interpreted as a validation of the community's long-held arguments. With XRP no longer appearing alongside assets labeled as "alleged SEC securities" by outlets like Forbes and CoinMarketCap, supporters see this as evidence of broader acceptance and regulatory clarity[1].

While no legal binding is associated with such editorial lists, they serve as a reflection of the current market sentiment and the evolving perception of XRP. Many in the community believe this marks the beginning of a stronger bull phase for the token[1].

Source: [1] XRP Army Reacts As Forbes Releases List of SEC Securities Assets By Market Cap (https://coinmarketcap.com/community/articles/68a4cbfc3ef3da3b7701a8ad/)