Ripple and SEC Agree to Dismiss Appeals Ending XRP Lawsuit

Ripple and the SEC have agreed to dismiss their appeals, ending the nearly five-year-long legal battle in the XRP Lawsuit.

coincentral.com

TL;DR

Ripple and the SEC have officially dropped their appeals, ending a five-year legal showdown over whether XRP is a security. With the court drama behind them, XRP’s price is looking bullish—analysts reckon it could spike toward $4.80 if institutional backing and friendly regulations keep rolling in.

Globally, Ripple’s momentum is heating up: Japan’s SBI Holdings is gearing up to launch the country’s first Bitcoin/XRP ETF (and eyeing a $1 billion XRP buy), while South Korea’s BDACS has added XRP custody and exchange access. Meanwhile, Ripple’s shooting for a National Trust Bank in New York to weave XRP straight into U.S. financial rails.