$XRP
No, this is not fake news.
Ripple's CEO, Brad Garlinghouse, has indeed announced that the SEC (Securities and Exchange Commission) has dropped its appeal in the case against Ripple.
This is therefore a major victory for Ripple and for the entire crypto market.
Summary of the facts:
In December 2020, the SEC sued Ripple for selling XRP without registering it as a security.
In 2023, a partial court decision had already favored Ripple for public sales of XRP.
Now, in April 2025, the SEC officially abandons its pursuit of the appeal.
Brad Garlinghouse confirmed this information on X (formerly Twitter).
This causes a significant increase in XRP (+13% just after the announcement).
Impact:
Ripple will be able to grow more freely in the United States and internationally.
XRP becomes much more attractive to institutional investors.
This strengthens overall confidence in the cryptocurrency sector.
The direct link to Brad Garlinghouse's official post for you to verify yourself? ⬇️
https://x.com/bgarlinghouse/status/1902345706636992720?s=19
